Vijay Crishna resigns as Godrej Industries Director

Crishna’s resignation from the position of Non-Executive, Non-Independent Director” of the Company will come into effect from close of business hours today.

November 08, 2021 3:52 IST India Infoline News Service

Godrej Industries Limited informed the exchanges Monday that Vijay Mohan Crishna has vide an email dated November 7, 2021, submitted his resignation from the position of “Non-Executive, Non-Independent Director” of the Company with effect from close of business hours on November 8, 2021.

“The Nomination and Remuneration of the Board of Directors and the Board of Directors of the Company have taken note of the resignation of Vijay Crishna and the Board places on record its appreciation for the valuable contribution, guidance, and support provided by him during his association as the ‘Director’ of the Company,” company said in a regulatory filing on Monday.

The company further said, Vijay Crishna, Non-Executive NonIndependent Director (Promoter Group) has been serving as the Director of the Company since January 3, 1995 and he has tendered his resignation from the directorship of the Company to reduce his commitments on multiple Boards on account of his advancing age with effect from close of business hours on November 8, 2021.

Godrej Industries Ltd ended at Rs600 per piece down by Rs8.5 or 1.4% from its previous closing of Rs608.50 per piece on the BSE.

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