Ester Industries Ltd has informed BSE that Mr. Arvind Singhania, who held the position of Chairman & Managing Director of the Company, has relinquished his position of Managing Director. He shall remain the Chairman of Board of the Company.
Two of the senior executives of the Company, Mr. Ashok Aggarwal and Mr. Pradeep Rustagi, have recently been elevated to the position of Executive Directors. In consistence with this development, Mr. Singhania shall remain only as a non-executive Chairman of the Company and shall not involve in day-to-day management of the Company.
Sensex
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Wednesday, April 27, 2011
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