Rajesh Mandawewala re-appointed Welspun India MD
NEW DELHI: Textile firm Welspun India today said it has re-appointed Rajesh Mandawewala as the managing director for five years.
The board has approved re-appointment of Rajesh Mandawewala as the MD for five years with effect from April 1, subject to approval of the members of the company, Welspun India said in a BSE filing.
Mandawewala, whose term is going to end on March 31, is co-promoter of the firm and has been associated with the company since its inception.
The stock closed at Rs 80.40, down 0.86 per cent, on BSE.
The board has approved re-appointment of Rajesh Mandawewala as the MD for five years with effect from April 1, subject to approval of the members of the company, Welspun India said in a BSE filing.
Mandawewala, whose term is going to end on March 31, is co-promoter of the firm and has been associated with the company since its inception.
The stock closed at Rs 80.40, down 0.86 per cent, on BSE.
