Stock Report

Ace Men Engg Works Ltd appoints Mr. Rajapratap Singh Rajput as MD



Posted On : 2021-10-06 17:27:36( TIMEZONE : IST )

Ace Men Engg Works Ltd appoints Mr. Rajapratap Singh Rajput as MD

The Board of Directors of Ace Men Engg Works Ltd at its meeting held on Tuesday, 05th October 2021 has approved the appointment of Mr. Rajapratap Singh Rajput (DIN: 09348232) as an Additional Director and as a Managing Director effective 05th October 2021 to hold office for a term upto 5 consecutive years subject to approval of members in the General Meeting.

Mr. Rajapratap Singh Rajput is a graduate in accounts and has managed the Family Business for the last one decade. He has vast experience related to projects of Real estate and construction. He has successfully leaded constructions of various projects in Gujarat Region.

Mrs. Shrena Kalpesh Shah (DIN: 07176766) has tendered her resignation from the position of Independent Director of the company with effect from 05th October 2021. Further, the Company has received confirmation from Mrs. Shrena Kalpesh Shah that there are no material reasons for her resignation other than those which is provided in the resignation letter dated October 05 2021.

Shares of Ace Men Engg Works Ltd was last trading in BSE at Rs. 14.70 as compared to the previous close of Rs. 14.85. The total number of shares traded during the day was 2685 in over 36 trades.

The stock hit an intraday high of Rs. 15.30 and intraday low of 14.30. The net turnover during the day was Rs. 39046.00.

Source : Equity Bulls

Keywords

AceMenEnggWorksLtd INE023R01018 Distributors Appointment MD Resignation IndependentDirector