Insilco Limited announced the re-appointment of Vinod Paremal as Managing Director of the company, with effect from May 1, 2023. According to the company’s exchange filing, “Resolved that pursuant to the provisions of Section 196, 197 and 203 read with Schedule V of the Companies Act 2013, rules made thereunder and all other applicable provisions,…
Jindal Stainless Limited announced the re-appointment of Abhyuday Jindal as Managing Director of the company, with effect from May 1, 2023. According to the company’s exchange filing, “we wish to inform you that the Board of Directors (“the Board”) of Jindal Stainless Limited (“the Company”) at its meeting held today i.e. 18th April, 2023 has…
Livpure, one of India’s leading brands in home and living consumer products, has announced the appointment of Rakesh Kaul as their Managing Director. In his role at Livpure, Rakesh will lead and focus on sharpening the strategy and execution to put the business on a high growth trajectory. He will also oversee and focus on product innovation,…
After a career of over 37 years with Singer India Ltd and a successful stint as MD during the last 13 years, Rajeev Bajaj has decided to step down from the company to pursue other interests. The Board has considered his request and accepted the same. Bajaj will continue with the company till April 30,…
BPE (Best Power Equipments), a manufacturer of end-to-end strategic power solutions, has appointed Sushil Virmani as the managing director of BPE. Sushil Virmani, a veteran of the power industry, will be instrumental in fuelling the growth of BPE as a global player. Before this, Virmani was the managing director of Socomec Innovative Power Solutions Pvt.…
HeidelbergCement India Limited announced the appointment of Joydeep Mukherjee as Managing Director of the company, with effect from April 1, 2023. He succeeds Jamshed Naval Cooper, who has resigned from the role of MD, with effect from close of business hours on 31 March 2023. According to the company’s exchange filing, “This has reference to…
Hitachi Payment Services, India’s leading integrated payment solutions provider, has announced the appointment of Sumil Vikamsey as its new Managing Director, in addition to his responsibilities as the Chief Executive Officer – Cash Business. He will also be inducted into the company’s Board effective 1st April 2023. Rustom Irani has decided to retire as Managing Director…
Westlife Foodworld Ltd. (formerly Westlife Development Ltd.)– owner and operator of McDonald’s restaurants in West and South India, has announced the elevation of Saurabh Kalra as the Managing Director (MD) of its subsidiary. Prior to this, Saurabh was the Chief Operating Officer (COO) of the organization. In this new role, Saurabh will focus on the overall business…
IndusInd Bank Limited announced the re-appointment of Sumant Kathpalia as Managing Director and Chief Executive Officer of the bank, with effect from March 24, 2023. According to the company’s exchange filing, “This is with reference to our letter dated March 10, 2023 with respect to re-appointment of Mr. Sumant Kathpalia (DIN: 01054434) as Managing Director…
Quantinuum, a quantum computing company, announced the appointment of Rajeeb (Raj) Hazra as Quantinuum’s Chief Executive Officer, effective immediately. Current Quantinuum Managing Director Ilyas Khan is stepping down but will remain on the company’s management team. He remains a member of the board of directors and will become vice-president. In addition, he will continue to work full-time in the…
HeidelbergCement India Limited, a division of the Germany-based HeidelbergCement Group, announced the appointment of Joydeep Mukherjee as Managing Director of the company, with effect from April 1, 2023. According to the company’s exchange filing, “The Board based on recommendation of Nomination and Remuneration Committee has approved the appointment of Mr. Joydeep Mukherjee (DIN-06648469) as new…
Pfizer Limited announced the appointment of Meenakshi Nevatia as an Additional Director and the Managing Director for a period of five years with effect from 3rd April 2023. She succeeds S Sridhar, who announced his early retirement in August 2022, according to ETHRWorld report. Meenakshi is a seasoned leader with nearly 30 years of business…
Stax LLC, a global strategy consulting firm specializing in commercial due diligence, value creation, and exit planning for private equity firms, PE-backed companies, hedge funds, and investment banks has announced the promotion of Palash Misra to Managing Director. “Palash has been instrumental in terms of firm growth over the last 10 years,” said Paul Edwards, Senior Managing Director.…
Uno Minda Limited, formerly known as Minda Industries, announced the re-appointment of Nirmal K Minda as Chairman and Managing Director of the company, with effect from April 1, 2023. According to the company’s exchange filing, “The existing term of Sh. Nirmal K Minda as Chairman and Managing Director of the Company is upto March 31,…
Procter & Gamble Health Limited (PGHL) announced the re-appointment of Milind Thatte as Managing Director of the company, with effect from April 1, 2023. According to the company’s exchange filing, “we would like to inform you that the Board of Directors of the Company, at its meeting held yesterday, have approved re- appointment of Mr.…