Kinetic Engineering has informed that the Board of Directors of the Company at its meeting held on December 31, 2015, based on the recommendation of the Nomination and Governance Committee and the Audit Committee, the Board approved to designate Ajinkya Arun Firodia, Managing Director of the Company as Chief Financial Officer of the Company and his designation will be Managing Director cum Chief Financial Officer of the Company.
The above information is a part of company’s filings submitted to BSE.