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Nitta Gelatin India informs about retirement of Director and induction of independent director

23 Sep 2015 Evaluate

Nitta Gelatin India has informed that K. Ramakrishnan, an independent Director on the Board, had retired at Annual General Meeting of the Company on September 08, 2015. He was not reappointed. The Board of Directors had at their meeting held later that day, inducted  K. Cherian Varghese as an Additional Director, who would also be an independent Director, in place of K. Ramakrishnan. K.Cherian Varghese is a Banker in his own merits, having had served as Chairman In Union Bank, Corporation Bank, also as Chairman of BIFR. All procedural formalities envisaged under the Law for appointment of Independent Director(s), are being taken care.

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

Nitta Gelatin India Share Price

1576.50 -28.85 (-1.80%)
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