Chemtech Industrial Valves has informed that pursuant to Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015, Rajnikant Panday, Independent Director of the Company and Pradeep Badkur, Director cum Chief Financial Officer of the Company have resigned from the Company with effect from December 07, 2019 (after closure of business hours). Board has accepted the same in today’s Board Meeting. Further, Board of Directors in its meeting held today have considered and approved appointment of Harsh Badkur, Managing Director as Chairman of the Company with effect from December 08, 2019; appointment of Puneet Badkur, Director of the Company as the Chief Financial Officer (KMP) of the Company with effect from December 08, 2019. Meeting commenced at 11.00 a.m. and concluded at 1.00 p.m.
The above information is a part of company’s filings submitted to BSE.
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