Furtherance to intimation dated 2nd May, 2019, Greaves Cotton has informed that the Board of Directors at their meeting held on 2nd May, 2019, had recommended the re-appointment of Nagesh Basavanhalli (DIN 01886313) as Managing Director and CEO of the Company for a further period of five years with effect from 27th September, 2019 to 26th September, 2024. Further, Board of Directors at their meeting held today, 25th September, 2019, has approved the terms of employment of Nagesh Basavanhalli as Managing Director & CEO of the Company. The said re-appointment and his terms of employment are subject to the approval of the shareholders of the Company.
The above information is a part of company’s filings submitted to BSE.
