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NTPC informs about cessation of Independent Director

By Religare
|

State-owned NTPC Ltd said that Dr A Didar Singh has ceased to be the Independent Director of the company, effective from August 22, 2015, after completion of his tenure of three years.

In a filing to the Bombay Stock Exchange, the company said, "The three years' tenure of Dr A Didar Singh, who was nominated by the President of India through letter dated August 21, 2012 of Ministry of Power as Independent Director and appointed by the Board of the company on August 23, 2012 has been completed on August 22, 2015 (A/N)."

 

Accordingly, Dr A Didar Singh has ceased to be the Independent Director of the company w.e.f. August 22, 2015 (A/N), it added.

Meanwhile, shares of the company were trading at Rs 115.40 apiece, up 0.44 per cent, from previous close on BSE at 11:02 hours.

Story first published: Tuesday, August 25, 2015, 12:20 [IST]
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