Tata Power appoints S Padmanabhan as chairman

India Infoline News Service | Mumbai | January 04, 2017 10:34 IST

Tata Sons Limited (Tata Sons), the promoter of the company, has the right to nominate the Chairman of the Board of Directors of the company as along as the word 'Tata' is associated with the name of the Company.

Tata Power Company Ltd informed the exchanges that  S Padmanabhan, additional director on the Company's Board, has been nominated as Chairman of the Board of Directors of the Company effective from January 4, 2017.

Tata Sons Limited (Tata Sons), the promoter of the company, has the right to nominate the Chairman of the Board of Directors of  the company as along as the word is associated with the name of the Company.

In a letter dated January 3, 2017, Tata Sons exercised the authority under the Company's Articles of Association and nominated S Padmanabhan as Chairman of the Board of Directors of the Company, according to an official release. 

***Note: This is a NSE Chart

 

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