Raja Ganapathi resigns from W S Industries India Ltd

The Board of Directors of W. S. Industries (India) Ltd at its meeting held on November 29, 2014, has approved and accepted Mr. Raja Ganapathi's resignation from the services of the Company and he was relieved from his duties and responsibilities.

The Board also approved the appointment of Mrs. Hema Pasupatheeswaran as "Vice President - Legal and Company Secretary".

Effective from November 29, 2014, she has also been designated as "Compliance Officer" under the Listing Agreement in lieu of Mr. B. Swaminathan, Chief Financial Officer.

The matters pertaining to considering the draft Notice for convening the Annual General Meeting of the Company, along with Director's Report, Management Discussion and Analysis Report and Corporate Governance Report for the 12 months period ended September 30, 2014, will be taken up by the Board at its next duly convened meeting.

Shares of W.S.INDUSTRIES (INDIA) LTD. was last trading in BSE at Rs.16.9 as compared to the previous close of Rs. 17.65. The total number of shares traded during the day was 1472 in over 25 trades.

The stock hit an intraday high of Rs. 17.5 and intraday low of 16.9. The net turnover during the day was Rs. 25046.

Source : Equity Bulls

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