Kalyani Forge appoints Adit Rathi as Additional Director for 5 years term
India Infoline News Service |
15 Apr, 2021 |
Kalyani Forge Limited has informed that the Board of Directors on 14th April, 2021, approved the appointment of Adit Rathi as an Additional Director (Non-Executive Independent Director) of the Company with effect from 14th April 2021 for a term of 5 years.
Adit Rathi born into the Rathi Family which is one of the Oldest Industrial House in Pune City. Mr. Adit Rathi holds Bachelor Degree in Polymer Engineering (Pune University) and Masters Degree in Industrial Engineering from Ohio State University (USA).
Adit Rathi is a son Madhusudan Rathi who started the engineering power transmission business in 1965 and the rubber part business in 1978 currently the business is managed by both of them.
Adit Rathi has 25 plus years of experience in the engineering Industry.
Presently, Adit Rathi is a Managing Director of Rathi Transpower Private Limited ( Manufacturing of mechanical power transmission) and Polybond India Private Limited ( Manufacturing of rubber components for automotive and industrial applications as well as plastic disposable medical devices).
Along with he holds the position as Non-executive Independent Director on the Board of ZF Steering Gear (India) Limited (Manufacturing of mechanical steering gears and hydraulic power steering gears). Alongwith, the above mentioned Companies he holds Directorship in various other Rathi Group Private Limited Companies.
Kalyani Forge trade on Tuesday ended at Rs190 per piece down Rs10 or 5% on the BSE. It was yet to trade on Thursday.