Eveready Industries India Ltd appoints Mr. Suvamoy Saha as MD

Consequent upon the resignation of Mr. Amritanshu Khaitan, Managing Director, the Board of Directors of Eveready Industries India Ltd (Board), at its Meeting held on March 3, 2022, had requested Mr. Suvamoy Saha, Joint Managing Director of the Company, to assume the responsibilities as the Managing Director, till such time the same is taken on record by the Board on the recommendation of the Nomination & Remuneration Committee of the Board, at its meetings to be convened shortly.

The Board has, at its Meeting held on March 8, 2022, approved the appointment of Mr. Suvamoy Saha (DIN: 00112375), as the Managing Director of the Company for a period of 3 years effective March 8, 2022.

Mr. Suvamoy Saha, aged 63 years, has the qualifications of B.Com (Hons.) and FCA.

Mr. Suvamoy Saha has over 37 years of experience in corporate management in diverse fields - both in India and abroad. He has held senior positions in finance, information technology, quality and general management. He was the Whole time Director of Eveready Industries India Ltd. (the Company) from March 2005 to July 2019, responsible for the operational management of the Company, and was the Joint Managing Director of the Company effective August 10, 2021 till date, exercising the duties as required, for the overall management of the Company.

Shares of Eveready Industries India Limited was last trading in BSE at Rs. 335.65 as compared to the previous close of Rs. 333.80. The total number of shares traded during the day was 70179 in over 1815 trades.

The stock hit an intraday high of Rs. 343.70 and intraday low of 327.10. The net turnover during the day was Rs. 23584147.00.

Source : Equity Bulls

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EvereadyIndustriesIndia INE128A01029 Appointment MD SuvamoySaha