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Adani Ports and SEZ reappoints Adani as MD for five year

Adani Ports and Special Economic Zone Monday said it has re-appointed Gautam S Adani as a managing director of the company for a further period of five years.



New Delhi: Adani Ports and Special Economic Zone Monday said it has re-appointed Gautam S Adani as a managing director of the company for a further period of five years.

"The Board of Directors of Adani Ports and Special Economic Zone Ltd (APSEZ) approved re-appointment of Gautam S Adani as a Managing Director of the Company for a further period of 5 years with effect from July 01, 2012," the company informed BSE.

The Board also approved re-appointment of Rajeeva Ranjan Sinha as a Whole Time Director of the Company for a five year term from October 12, 2012.

These appointments are subject to the approval of members.
It also accepted resignation of K N Venkatasubramanian, as director of the company effective tomorrow.

PTI

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