Nestle India appoints Ms Alpana Parida as Independent Non-Executive Director

The Board of Directors, at their meeting held today on the recommendation of the Nomination and Remuneration Committee, has recommended the appointment of Ms Alpana Parida (DIN: 06796621), as an Independent Non-Executive Director of the Company for a term of five consecutive years effective from 1st June 2022, for approval of the members of the Company by way of Special Resolution through Postal Ballot by electronic means.

Ms. Alpana Parida, aged 59 years, graduated from IIM-Ahmedabad and has a degree in Economics from St. Stephens, Delhi University.

Ms. Parida has more than two decades of experience in retail and marketing communications in India and in the United States of America. She is a Founder & Chief Executive Officer of Tiivra Ventures Private Limited. She has served as the Managing Director of OMA Yellow Works Limited. She has also been associated with Titan Industries Limited. Ms. Parida holds directorship on leading boards including GRP Limited, FSN e-commerce Ventures Limited, Cosmo Films Limited, Nykaa Fashion Private Limited, Jivagro Limited, Tiivra Ventures Private Limited, FSN Brands Marketing Private Limited and Hindware Limited.

Ms. Parida has vast experience in the area of corporate governance, strategy, e-commerce, digital and new technologies, mergers and acquisitions, finance, audit, sustainability, innovation management and human resources. Ms. Parida has no relationship with any other Director on the Board of the Company and she is not debarred from holding the office of director by virtue of any SEBI order or any other such authority. The notice of Postal Ballot will be sent in due course.

Shares of Nestle India Limited was last trading in BSE at Rs. 18313.70 as compared to the previous close of Rs. 17943.15. The total number of shares traded during the day was 6069 in over 1321 trades.

The stock hit an intraday high of Rs. 18415.00 and intraday low of 18017.15. The net turnover during the day was Rs. 111035748.00.

Source : Equity Bulls

Keywords

NestleIndia INE239A01016 Appointment AlpanaParida Independent NonExecutiveDirector