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GVK POWER & INFRASTRUCTURE LTD. - Outcome of Board Meeting
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11 Nov 2017
The Board of Directors of our Company at its meeting held on today i.e. 11-11-2017 has also considered and approved the following business:&lt;BR&gt; &lt;BR&gt; a) Resignation of Dr. GVK Reddy as Managing Director of the Company who will continue on the Board as a Non-Executive Chairman whose office is liable to retire by rotation.&lt;BR&gt; &lt;BR&gt; b) Appointment of Mr. P V Prasanna Reddy (DIN:01259482) as Whole-time Director of the Company for a period of three years from 11-11-2017 to 10-11-2020 without any remuneration subject to approval of shareholders, who will be one of the Key-managerial Personnel (KMP) as per Section 203 of Companies Act, 2013.&lt;BR&gt;
View all announcements for GVK POWER & INFRASTRUCTURE LTD. Source: BSE India