The appointment of Mr. Misra as the Managing Director will be subject to all statutory approvals as required and the approval of the members of the Company.
Mr. Ajoy Misra will, with immediate effect, function as “Managing Director Designate”, until he formally takes over as Managing Director on 1st April, 2014.
The Board of Directors has also decided that Mr. Harish Bhat will be appointed as a non-Executive Director on the Board of TGBL with effect from 1st April, 2014.
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