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Goenka Group’s CESC looks to tweak the company’s AoA
March 12, 2021
CESC reported a 25% on-year rise in consolidated net profit - istock.com/Ilya Burdun×
Alteration will increase number of directors to 15
RP-Sanjiv Goenka Group flagship, CESC Ltd, is looking at an alteration in the Articles of Association (AoA) of the company. The alteration will enable an increase in the maximum number of directors to 15, up from the present 10.
According to company sources, this is an “enabling provision” which has been “recommended” keeping in mind the “size of the operations of the company” and the large number of subsidiaries.
C-Suiters: Who have moved up the corporate ladder this week
According to the survey, 53% of North American CEOs reported being ‘very confident’ about their own organisation’s revenue growth in 2018. Photo: iStockphoto
7 min read
Accord India
A weekly list of C-Suiters who have moved up the corporate ladder either within or outside their companies
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A weekly list of C-Suiters who have moved up the corporate ladder either within or outside their companies.
■ Aditya Harkauli
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. 27 Mar 2021
Bank FDs insured up to ₹5 lakh. Should I opt for bank that offers higher interest rates?
Yogesh Tewari
RP Sanjiv Goenka Group has appointed Yogesh Tewari as Vice-President, Marketing, for its FMCG Division. This appointment comes at a time when RPSG Group is eying the expansion of its FMCG Division. Before this, Tewari was Director Marketing and Customer Marketing at Mars Wrigley Confectionery India.
Tewari took to LinkedIn to announce the beginning of his journey with RPSG Group. He wrote, âAfter 7.5 years in Mars, looking forward to new adventures and exciting challenges as I start afresh at RP Sanjiv Goenka group spearheading the expansion in FMCG sector. A heartfelt âThanksâ to all the fantastic people I worked with and interacted with while at Mars â colleagues, managers, agency partners, etc. Wish you all the best. Once a Martian, always a proud Martian!â
Phillips Carbon Black advanced 2.48% to Rs 202.50 after company informed about the commissioning of two specialty black lines at Palej in Gujarat.
The lines are for production of wide range of specialty black products totalling about 32,000 MTPA (million tonnes per annum) to service the growing needs of its customers. The announcement was made after market hours yesterday.
In the past one year, the stock has gained 60.77% while the benchmark Sensex rose 26.40% during the same period.
Phillips Carbon Black, a part of RP-Sanjiv Goenka Group, is India s largest carbon black manufacturer.
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