RSWM Limited announced that Shri Arun Churiwal, Managing Director whose term expires on March 16, 2015 has been re-appointed as Managing Director for a period upto March 31, 2016 on the existing terms and condition by the Board of Directors at their meeting held February 10, 2015 subject to approval of Members at General Meeting. He will also continue as Chief Executive Officer and Key Managerial Personnel in terms of
Companies Act, 2013. Further the Company informed that Shri Riju Jhunjhunwala currently Joint Managing Director has been re-designated as Managing Director of the Company with immediate effect for the remaining tenure of his appointment on the existing terms and condition by the Board of Directors. Further, the Company has informed that the term of Shri J. C. Laddha as Executive Director shall complete on March 31, 2015 and thereafter Shri J. C. Laddha will continue as Non Executive - Non Independent Director of the Company, subject to approval of Members at General Meeting.