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BSE SENSEX
73,088.33
+599.34
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Corporate Announcement
Security Code
511243
Company
Cholamandalam Investment and Finance Company Ltd
Exchange Received Time
15/03/2017 18:00:36
Exchange Disseminated Time
15/03/2017 18:00:39
Time Taken
00:00:03
Outcome of Board Meeting |
3/15/2017 6:00:36 PM
The Board at its meeting held this afternoon has approved the following changes in the constitution of the Board of directors of the Company, subject to the approval of the members at the next general meeting of the Company: 1. Appointment of Mr. N Srinivasan as an Executive Vice Chairman and Managing Director of the Company for a term of two years effective August 19, 2017 2. Appointment of Mr. Arun Alagappan as an Executive Director of the Company for a term of five years effective August 19, 2017. It may be noted that as per the terms of appointment approved by the members at the thirty eighth annual general meeting of the Company held on July 29, 2016, Mr. Vellayan Subbiah, the current Managing Director holds office till August 18, 2017.
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