Welspun Projects has informed that the board of directors of the company at its meeting held on July 06, 2012 has approved the appointment of Rajesh Mandawewala as an additional director with effect from July 06, 2012 and subject to necessary approvals, approved appointment of Sandeep Garg as the managing director of the company for a period of 5 years, on the remuneration as well as ESOPs approved by the remuneration committee and the board with effect from July 16, 2012.
The above information is a part of company's filings submitted to BSE.
