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Velan Hotels informs about Outcome of Board Meeting

29 Jun 2015 Evaluate

Velan Hotels has informed that with the recommendation of Nomination of Remuneration Committee, the Board of Directors of the Company at its meeting held on June 29, 2015, has re-appointed E.V. Muthukumara Ramalingam as Managing Director for the further period of three years without remuneration with effect from June 29, 2015.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
The Indian Hotels Co 872.00
ITC Hotels 173.30
Mahindra Holi.&Resor 199.05
EIH 311.30
Chalet Hotels 803.85
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