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.
First Published: Monday, June 25, 2012, 22:57