Schneider Electric President Systems has informed that the Board of Directors of the Company at its meeting held on May 21, 2015, has transacted that Damodar Kalavala has been appointed as the Chief Financial Officer and Key Managerial Personnel of the Company with immediate effect. Further the Board, subject to the approval of the Shareholders, has re-appointed Swaminathan Venkatraman as Managing Director of the Company for a further period of two years effective August 13, 2015.
The above information is a part of company’s filings submitted to BSE.