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Latest News | Kalpataru to Seek Shareholders' Nod to Appoint Shailendra Kumar Tripathi as Deputy MD

Get latest articles and stories on Latest News at LatestLY. Kalpataru Power Transmission will seek shareholders' approval to appoint Shailendra Kumar Tripathi as its Deputy Managing Director.

Latest News | Kalpataru to Seek Shareholders' Nod to Appoint Shailendra Kumar Tripathi as Deputy MD

New Delhi, Feb 13 (PTI) Kalpataru Power Transmission will seek shareholders' approval to appoint Shailendra Kumar Tripathi as its Deputy Managing Director.

As per a postal ballot notice, the company proposes to appoint Tripathi as Deputy Managing Director for the period January 4, 2023 to October 21, 2025.

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It has also proposed combining monetary limits sanctioned by shareholders of the company and JMC Projects (India) Ltd (now amalgamated with the firm).

It also seeks to enter into an Intellectual Property Licence Agreement with Kalpataru Business Solutions Private Ltd.

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The e-voting period commences from 9.00 am on Wednesday (February 15) and ends at 5.00 pm on March 16, 2023.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)