Khaitan Chemicals and Fertilizers Ltd reappoints Chairman and MD

The Board of Directors of Khaitan Chemicals and Fertilizers Ltd at their meeting held today i.e. March 30, 2022 has approved the re-appointment of Shri Shailesh Khaitan (DIN: 00041247) as the Chairman and Managing Director (Key Managerial Personnel) of the Company for a period of Three (3) years commencing from April 1, 2022 to March 31, 2025, as recommended by the Nomination and Remuneration Committee and subject to the approval of Shareholders in forthcoming general meeting.

Shri Shailesh Khaitan is a Promoter, Director of the Company and associated as the Managing Director since September 1, 1984. In his able leadership the performance of the Company has been satisfactory.

He is Commerce graduate (B.com (Hons.)), Industrialist and having 37 years of experience in Fertilizer Industry.

He is the Director in the Fertilizer Association of India (FAI) and the Chairman of the SSP Advisory Committee of FAI.

Shares of Khaitan Chemicals & Fertilizers Limited was last trading in BSE at Rs. 126.30 as compared to the previous close of Rs. 120.30. The total number of shares traded during the day was 19761 in over 797 trades.

The stock hit an intraday high of Rs. 126.30 and intraday low of 118.30. The net turnover during the day was Rs. 2462963.00.

Source : Equity Bulls

Keywords

KhaitanChemicalsandFertilizers INE745B01028 Reappointment Chairman MD