Mr Jayakumar Krishnaswamy will be stepping down as the Managing Director ('MD') of Akzo Nobel India Limited with effect from 12 September 2018.
The Board of Directors of Akzo Nobel India Limited, at its meeting held today has appointed Mr Rajiv Rajgopal as the Managing Director of the Company with effect from 1 November 2018, subject to approval of the shareholders.
Shares of Akzo Nobel India Limited was last trading in BSE at Rs.1727 as compared to the previous close of Rs. 1732.35. The total number of shares traded during the day was 576 in over 71 trades.
The stock hit an intraday high of Rs. 1740 and intraday low of 1723.95. The net turnover during the day was Rs. 998614.