Hercules Hoists has informed that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company at its meeting held today [meeting concluded 4.00 pm] has approved the candidature of Amit Bhalla, as the President and CEO and a Key Managerial Personnel of the Company with effect from January 1, 2021.
The above information is a part of company’s filings submitted to BSE.