From MoneyControl.com
3M India approved the appointment Mr. Amit Laroya as a Director and Managing Director of the Company with effect from October 1, 2013 for a period of 5 years subject to the approval of the shareholders in general meeting to be held next year and further subject to the approval of the Central Government.
33M India Ltd has informed BSE that the Board of Directors of the Company through a Circular Resolution dated October 4, 2013 have:1. Approved the appointment Mr. Amit Laroya as a Director and Managing Director of the Company with effect from October 1, 2013 for a period of 5 years subject to the approval of the Shareholders of the Company in general meeting to be held next year and further subject to the approval of the Central Government.2. Accepted the resignation of Mr. Ajay Nanavati as a Director and Managing Director of the Company with effect from October 1, 2013 upon his assuming responsibility within 3M Group outside of India.Source : BSE
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