Tata Communications Ltd appoints Mr. Ashok Sinha as Additional Director

On recommendation of Nomination and Remuneration Committee, the Board of Directors of Tata Communications Limited has, today, approved the appointment of Mr. Ashok Sinha (DIN: 00070477) as Additional Director (Independent) on the Board of the Company for a term of five years from October 8, 2021 to October 7, 2026 (both days inclusive), subject to approval of the shareholders of the Company.

There are no inter se relationships between Mr. Ashok Sinha and other Directors of the Company. Further, Mr. Ashok Sinha is not debarred from holding the office of Director by virtue of any order from the Securities and Exchange Board of India or any other such authority.

Mr. Ashok Sinha is Chairman, 4 I Advisors, a proprietary consulting firm that provides a specialized spectrum of technical consultancy and advisory services in the areas of Energy, Technology and Finance since December 2010. One of his key engagements has been to mentor future leaders under the "Next Gen" program of McKinsey & Co. During this period, he has served on the Boards of Petronet LNG Ltd, CMC Ltd. (erstwhile subsidiary of TCS), 4 subsidiaries of Vodafone India Ltd., Tata Advanced Systems, Tata Lockheed Martin Aerostructures, Nova Integrated Systems, You Broadband India Ltd and Axis Asset Management Co Ltd. Currently he is an independent director on the board of Cipla Ltd., The Tata Power Company Ltd, JK Cement Ltd, Air Asia India Ltd, Coastal Gujrat Power Ltd, Maithon Power Ltd. and Navin Fluorine International Ltd. He is also on the Advisory Board of NSE's Center of Excellence for Corporate Governance.

Mr. Ashok Sinha has a B.Tech degree in Electrical Engineering from the Indian Institute of Technology (IIT), Kanpur (1973) and MBA from the Indian Institute of Management (IIM), Bangalore, with specialization in Finance (1977). He has been conferred the Distinguished Alumnus Award from both IIT, Kanpur and IIM, Bangalore.

Shares of Tata Communications Limited was last trading in BSE at Rs. 1458.80 as compared to the previous close of Rs. 1469.40. The total number of shares traded during the day was 6549 in over 974 trades.

The stock hit an intraday high of Rs. 1478.80 and intraday low of 1448.30. The net turnover during the day was Rs. 9571915.00.

Shares of Tata Communications Limited was last trading in NSE at Rs. 1458.15 as compared to the previous close of Rs. 1470.70. The total number of shares traded during the day was 127554 in over 9079 trades.

The stock hit an intraday high of Rs. 1477.35 and intraday low of 1448.05. The total traded value during the day was Rs. 186385480.20.

Source : Equity Bulls

Keywords

TataCommunications INE151A01013 TATACOMM Telecom Appointment @tata_comm