TVS Motor shareholders approve reappointment of Venu Srinivasan as Chairman, MD

TVS Motor Company on Thursday said its shareholders have approved the reappointment of Venu Srinivasan as Chairman and Managing Director (CMD) of the firm

Press Trust of India March 19, 2020 16:56:01 IST
TVS Motor shareholders approve reappointment of Venu Srinivasan as Chairman, MD

New Delhi: TVS Motor Company on Thursday said its shareholders have approved the reappointment of Venu Srinivasan as Chairman and Managing Director (CMD) of the firm.

TVS Motor shareholders approve reappointment of Venu Srinivasan as Chairman MD

Venu Srinivasan, Chairman, TVS Group. Pic courtesy: TVS Motor Company website

The majority of the stakeholder approved the reappointment of Srinivasan as CMD of the company for a further period of five years from 24 April, 2020, TVS Motor Company said in a filing to BSE.

The approval of the shareholders was sought by way of special resolution through a postal ballot.

Shares of the company were trading at Rs 366.80 apiece, 1.63 percent higher than the previous close on BSE.

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