Arun Varun Trade & Investment says the board of directors has approved the appointment of Jayantilal R Bhandari as managing director of the company for a period of 5 years, Gautam R Bhandari as chief financial officer (CFO), Ameet M Brahmbhatt as independent director of the company to hold the office upto March 31, 2019.
Arun Varun Trade & Investment Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2014, inter alia, has approved the following:1. Appointment of Mr. Jayantilal R. Bhandari as Managing Director of the Company for a period of 5 years.2. Appointment of Mr. Gautam R. Bhandari as Chief Financial Officer (CFO) of the Company.3. Appointment of Mr. Ameet M. Brahmbhatt as Independent Director of the Company to hold the office upto March 31, 2019, not liable to retire by rotation, subject to the approval of members in ensuing General Meeting.4. Appointment of Mr. Amit A. Bhagat as Independent Director of the Company to hold the office upto March 31, 2019, not liable to retire by rotation, subject to the approval of members in ensuing General Meeting.5. Constitution of following Committees with immediate effect:i. Audit Committee;ii. Nomination and Remuneration Committee;iii. Stakeholders Relationship Committee.Source : BSE
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