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Tata Steel to seek shareholders' nod to reappoint T V Narendran as CEO & MD

Press Trust of India June 24, 2019, 08:02:49 IST

Tata Steel’s next Annual General Meeting is scheduled for 19 July 2019 in Mumbai

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Tata Steel to seek shareholders' nod to reappoint T V Narendran as CEO & MD

New Delhi: Tata Steel on Sunday said it will seek shareholders’ nod for the reappointment of T V Narendran as CEO and MD of the company. It will also seek shareholders’ approval for appointment of Vijay Kumar Sharma as a director and reappointment of Mallika Srinivasan and O P Bhatt as independent directors, as per a BSE filing. The company’s next Annual General Meeting is scheduled for 19 July 2019 in Mumbai. [caption id=“attachment_4065655” align=“alignleft” width=“380”] Representational image. Reuters. Representational image. Reuters.[/caption] Tata Steel is seeking the consent of shareholders for reappointment of Narendran as CEO and MD for a period of five years with effect from 19 September 2018, not liable to retire by rotation, it said. The company also said it will seek approval to appoint a director in the place of Koushik Chatterjee. Narendran, 54, was appointed as the Managing Director for a period of five years with effect from 19 September 2013, and the appointment was approved by the shareholders at the AGM on 14 August 2014.

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