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Sakthi Sugars - Outcome of Board Meeting

By Religare

Sakthi Sugars Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 28, 2013, has approved the following:

1. Redesignation of Dr. M. Manickam as Executive Vice Chairman.

2. Appointment of Sri M. Balasubramaniam as Managing Director, subject to the approval of members, Central Government and Banks/Financial Institutions; and

3. Redesignation of Sri M. Srinivaasan as Joint Managing Director of the Company.

Story first published: Friday, June 28, 2013, 22:55 [IST]
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