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PPAP Automotive Ltd calls approves appointment of CEO and MD

Posted On: 2017-03-18 11:24:17

The Board of Directors of PPAP Automotive Ltd at their meeting held on 17th March, 2017, has appointed Mr. Abhishek Jain, as the Chief Executive Officer and Managing Director of the Company for a period of five years with effect from 1st April, 2017 to 31st March, 2022, subject to the approval of shareholders at the forthcoming Annual General Meeting.

Henceforth, the Board structure with effect from 1st April, 2017 will be as follows:

Mr. Ajay Kumar Jain - Chairman and Managing Director
Mr. Abhishek Jain - Chief Executive Officer and Managing Director
Mr. Bhuwan Kumar Chaturvedi - Independent Director
Mr. Pravin Kumar Gupta - Independent Director
Mr. Ashok Kumar Jain - Independent Director
Mrs. Vinay Kumari Jain - Non-Executive Director

Shares of PRECISION PIPES AND PROFILES COMPANY LTD. was last trading in BSE at Rs.215.2 as compared to the previous close of Rs. 214.15. The total number of shares traded during the day was 4915 in over 100 trades.

The stock hit an intraday high of Rs. 217 and intraday low of 212. The net turnover during the day was Rs. 1051575.


Source: Equity Bulls

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