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Grasim Industries Ltd. - Appointment of Director

By Religare

Grasim Industries Ltd. has informed that The Board of Directors of the company, at its meeting held December 18, 2015,has approved the appointment of Mr. Dilip Gaur as the Managing Director of the Company, in place of Mr. K. K. Maheshwari, w.e.f. April 01, 2016. Mr. Maheshwari will continue to be on the Board of the Company as a Non-Executive Director,w.e.f April 01, 2016. The appointment is based on the recommendation of the Nomination & Remuneration Committee and is subject to the approval of the shareholders of the Company.

Story first published: Monday, December 21, 2015, 12:50 [IST]
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