Hindustan Aeronautics declares cessation of Directors; Stock dips 1%

Hindustan Aeronautics informs cessation of Directors.

March 05, 2021 1:45 IST India Infoline News Service

Hindustan Aeronautics Ltd has informed the exchanges that Independent Directors of the Company have ceased to be Directors of the Company with effect from 5th March, 2021 upon completion of their tenure.

Following Directors of the Company are ceased:
  • Anil Kumar
  • Siddharth
  • Neelakanta lyer R
After the announcement of cessation of the Directors, company's stock trades lower.

At around 1:50 PM, Hindustan Aeronautics was trading at Rs1089.10 per piece down by Rs8.80 or 0.80% from its previous closing of Rs1097.90 per piece on the BSE.

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