Corporate Announcement
Security Code : 500264    Company : MAFATIND    
 
Outcome of Board MeetingDownload PDF
  Exchange Disseminated Time     25/10/2016 18:19:44
Mafatlal Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 25, 2016, inter alia, has approved the following;

1. Appointed Shri Hrishikesh A. Mafatlal as Executive Chairman of the Company for 3 period of five years w.e.f. November 01, 2016 subject to further requisite approvals. Shri Hrishikesh A Mafatlal, 61 years of age, has been on the Board of Directors of the Company since 1979, He has graduated in Commerce with Honours, from Sydenham College, Mumbai and also Completed Advance Management Programme (AMP) at Harvard Business School USA. He is an Industrialist having diversified experience of more than 41 years in the areas of Textiles, Chemicals, Petrochemicals, and Financial Services etc. Recently, he was appointed as Executive Chairman of NOCIL Limited.

2. Appointed Shri Priyavrata H Mafatlal, as Executive Director of the Company for a period of five years w.e.f. November 01, 2016 subject to further requisite approvals. Shri Priyavrata H. Mafatlal, aged 29 years, has done his Master of Commerce from Mumbai University in 2010 after completing Bachelors in Management Studies (with specialisation in Marketing) in 2008. He has attended 3 Tier Management Programme at IIM, Ahmadabad and also done Fashion Business Course from Institute Marangoni, london (UK). He has been working in the Company as General Manager (Marketing) since 2011.

The meeting commenced at 2.00 pm and concluded at 5.30 p.m.
 

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