The Board of Directors of Bharti Infratel Limited (534816 / INFRATEL), in its meeting held today i.e. March 30, 2020, has re-appointed Mr. D S Rawat (DIN: 06798626) as Managing Director & CEO of the Company for a period of up to six months i.e. w.e.f. April 1, 2020 up till September 30, 2020 or up till the ensuing Annual General Meeting of the Company, whichever is earlier.
The present term of Mr. D S Rawat as Managing Director & CEO is up till March 31, 2020. He is re-appointed as Managing Director & CEO for a further term.
Mr. D S Rawat is the Managing Director & CEO of the Company. He is part of the Company since 2010. He is also a member of the Executive Council Committee of Tower and Infrastructure Providers Association (TAIPA) and the Northern Regional Council of Confederation of Indian Industry (CII). He is an engineering graduate in Electronics & Communications. He had spent his initial years of professional life as an officer with the Indian Air Force. He has also done an Advanced Management Programme at the Wharton, University of Pennsylvania. He holds over 25 years of Telecom in-depth experience in handling P&L, technology, rollouts and regulatory interfaces - both from operator and supplier perspective. Previously, he has worked with leading telecom Companies like Ericsson and Huawei.
Shares of BHARTI INFRATEL LTD. was last trading in BSE at Rs.153.5 as compared to the previous close of Rs. 157.2. The total number of shares traded during the day was 109253 in over 1501 trades.
The stock hit an intraday high of Rs. 157.3 and intraday low of 147.3. The net turnover during the day was Rs. 16732631.