Falcon Tyres has informed that the board of directors of the company at its meeting held on January 30, 2013, has decided the appointed Kamal Jewrajka as the additional director and suquently as the executive director of the company with effect from January 28, 2013. It has acquired 10,000 shares of Rs10 each at par of M/s. Falcon Tyres Rubber Private pursuant to which, Falcon Tyres Rubber Private become wholly owned subsidiary of the company with effect from January 30, 2013.
The above information is a part of company’s filings submitted to BSE.
