VST INDUSTRIES LTD. - 509966 - Announcement under Regulation 30 (LODR)-Change in Directorate
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, have at their Meeting today approved the following appointment: Appointment of Mr. Aditya Deb Gooptu (DIN: 07849104) as an Additional Director and Managing Director and CEO of the Company, a Key Managerial Personnel; I. Date of appointment: 1st December, 2020 11. Term of appointment: For a period of 5 years subject to the approval of the shareholders at the next Annual General Meeting of the Company lll. Disclosure of relationship between Directors: Nil IV. Reason for change: Appointment v. Brief Profile: Enclosed herewith Mr. Devraj Lahiri (DIN:03588071), the existing Managing Director will be relieved from the services of the Company by the close of business hours on 9th December, 2020.27-10-2020