Asian Electronics executive director & joint CEO tenders resignation

22 Feb 2013
Asian Electronics has informed that the board of directors of the company at its meeting held on February 14, 2013, Rajesh Mehta has tendered his resignation as executive director & joint chief executive officer (Technology & Finance) with effect from February 14, 2013, while conveying his intention to continue as a non-executive director. The board noted and approved the same, consequent upon Mehtas resignation as whole time director of the company; he shall continue as a non executive director and shall be liable to retire by rotation.

Further, board informed that, James Mitropoulos, has resigned from the post of director of the company with effect from January 01, 2013. Pursuant to the said resignation as director of the company, James Mitropoulos has also vacated the membership of the Audit Committee of the board of directors of the company with effect from January 01, 2013.

The above information is a part of company’s filings submitted to BSE.

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