Anil V. Whabi completes tenure as a Whole-time Director of Finolex Industries; Stock up ~1%

The company announced the cessation of Whabi from the Directorship and continuation to act as Chief Financial Officer of the Company.

Aug 26, 2021 11:08 IST India Infoline News Service

Finolex Industries Limited informed the exchanges Wednesday that the tenure of Anil V. Whabi as the Whole-time Director designated as Director (Finance) of the Company has been completed on the closing of business hours of August 25, 2021, and accordingly he ceased to be the Whole-time Director of the Company.

By virtue of the completion of the tenure, Anil V. Whabi has also ceased to be the Director of the Company with effect from the closing of business hours of August 25, 2021. However, Anil V. Whabi continues to act as a Chief Financial Officer, Key Managerial Personnel (KMP) of the Company, it said in a filing on Wednesday.

At around 11.19 am, Finolex Industries Ltd was trading at Rs169.30 per piece up by Rs1.45 or 0.86% from its previous closing of Rs167.85 per piece on the BSE.

Related Story

Open Free Demat Account (Rs699)