NGL Fine-Chem Limited reappoints Mr. Rahul Nachane as MD

The Board of Directors of NGL Fine-Chem Limited held at B-1/503 Bhavani Mata CHS., N.M. Joshi Marg, Elphinstone, Mumbai 400013 by video conferencing approved the re-appointment of Mr. Rahul Nachane, as Managing Director of the Company for further 5 years from 1st June, 2020 to 31st May, 2025 subject to the approval of shareholders at the ensuing Annual General Meeting.

The board also approved the re-appointment of Mr. Jayaram Sitaram, as Independent Director of the Company for a period of 5 consecutive years from 05th August, 2020 to 04th August, 2025 subject to the approval of shareholders at the ensuing Annual General Meeting.

Shares of NGL FINE-CHEM LTD. was last trading in BSE at Rs.365 as compared to the previous close of Rs. 365.15. The total number of shares traded during the day was 1809 in over 73 trades.

The stock hit an intraday high of Rs. 375 and intraday low of 360. The net turnover during the day was Rs. 657641.

Source : Equity Bulls

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