Varroc appoints Ms. Liselott Kilaas as an Independent Director

Varroc, a leading global tier-1 automotive supplier, announced the appointment of Mrs. Liselott Kilaas as Independent Director its Board of Directors. This strategic appointment reflects Varroc's commitment to strengthening its leadership with global expertise and diverse perspectives.

Commenting on the appointment, Mr. Tarang Jain, Chairman & Managing Director, Varroc, said, "We are delighted to welcome Mrs. Liselott Kilaas to our Board of Directors. Her vast experience and strategic insights will be invaluable in driving Varroc's growth and enhancing our global competitiveness."

On her appointment, Mrs. Liselott Kilaas said, "I am honoured and excited to join Varroc's Board as an Independent Director. I look forward to contributing my expertise to support the company's growth and strategic vision."

Mrs. Kilaas holds an MBA from IMD Business School and a master's degree in mathematics and statistics, providing a strong academic foundation that supports her distinguished career. Currently, she serves on the boards of several multinational corporations and has a proven track record of steering businesses through dynamic and complex environments. With extensive experience across the healthcare, technology, finance, industrial, and sustainability sectors, she has held key leadership positions in globally renowned organizations. She brings a wealth of expertise in strategic leadership, operational efficiency, corporate governance, and sustainability.

Shares of Varroc Engineering Limited was last trading in BSE at Rs. 441.85 as compared to the previous close of Rs. 451.50. The total number of shares traded during the day was 18138 in over 923 trades.

The stock hit an intraday high of Rs. 452.90 and intraday low of 438.55. The net turnover during the day was Rs. 8054557.00.

Source : Equity Bulls

Keywords

VarrocEngineering INE665L01035 Appointment IndependentDirector