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Thursday, April 28, 2011

Crompton Greaves Ltd: Outcome of Board Meeting

Crompton Greaves Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 28, 2011, has transacted the following:

1. The Board has decided to appoint Mr. Laurent Demortier as the new Managing Director, who will take over as successor to Mr. SM Trehan around June 01, 2011.

2. Until such time as Mr. Laurent Demortier takes charge, Mr. SM Trehan will continue as Managing Director of the Company.

Post his retirement; Mr. SM Trehan will be the Vice Chairman of the Board of Directors in a Non Executive capacity.Read More

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