JK Tyre & Industries Limited announced the appointment of Subhrakant Panda as an Independent Director on the company’s Board, with effect from November 2, 2022.
According to the company’s exchange filing, “we have to inform that the members of the Company by means of passing a special resolution on 30th January 2023 through postal ballot approved appointment of Shri Subhrakant Panda (DIN: 00171845) as an Independent Director of the Company for a term of five consecutive years w.e.f. 2nd November 2022, in accordance with the provisions of the Companies Act, 2013 and the Listing Regulations.”
Subhrakant Panda, aged 51 years, is Managing Director of lndian Metals & Ferro Alloys Ltd. He is currently senior Vice President of the Federation of Indian chambers of Commerce & Industry (FICCI), India’s apex business chamber, having earlier served as chairman of the Odisha state council and the National Manufacturing committee.
He is Past President (2017-18) of the International chamber of commerce (India chapter) and is also only the third Indian to have been elected President (2013-15) of the Paris based International chromium Development Association (ICDA).
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