He will assume office in place of veteran for 39 years Gautam Chatterjee, whose retirement was noted by the board of directors of the company on Thursday
At meeting held on 29 April 2021The Board of Exide Industries at its meeting held on 29 April 2021 has noted the retirement of Gautam Chatterjee as Managing
Director & Chief Executive Officer (MD & CEO) of the Company w.e.f. close of business hours of 30 April 2021. The Board has elevated Subir Chakraborty (DIN 00130864) as Managing Director and Chief Executive Officer for a period of three (3) years from 1st May 2021.
The Board has appointed Avik Kumar Roy (DIN: 08456036) has been appointed as Additional Director (designation as Director - Industrial) from 01 May 2021.
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Exide Industries appoints new MD, CEO
April 29, 2021
It reported a near 45% jump in the standalone net profit to ₹244 crore
Exide Industries, the country’s largest automotive battery maker has elevated Subir Chakraborty as its new Managing Director and CEO, for a three-year-period beginning May 1. Chakraborty, who is currently the Deputy MD, will succeed Gautam Chatterjee.
Chatterjee, whose two year term ends on April 30, will be reappointed as “whole-time advisor” to the Board of the company, for a three-year-period, it said in a notification. Chatterjee will also relinquish his board position.
Consequent to his term coming to an end on 30th April 2021, he wouId cease to be MD & CEO as well as member of Board of Directors of the Company ….the Board approved the elevation of Subir Chakraborty as Managing Director and Chief Executive Officer for a period of three years from May 1 2021 till April 30, 2024,” the regulatory filing to the bourses said.
Exide Industries Ltd posts Rs. 320.17 crores consolidated PAT in Q4FY21 equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.