Brief: India's ICRA Terminates Employment Of CEO Naresh Takkar

ICRA

29/08/2019 14:34

Aug 29 (Reuters) - ICRA Ltd  ICRA.NS :
    * TERMINATES EMPLOYMENT OF CEO AND MD NARESH TAKKAR
    * VIPUL AGARWAL, INTERIM COO, REMAINS RESPONSIBLE FOR THE
DAY-TO-DAY OPERATION OF THE COMPANY UNTIL A CEO IS APPOINTED
    * TERMINATED TAKKAR'S EMPLOYMENT AFTER "DUE CONSIDERATION
AND
TAKING INTO ACCOUNT THE BEST INTERESTS OF THE COMPANY"
    * "REMAINS COMMITTED TO ENSURING THE INDEPENDENCE AND
INTEGRITY OF
ITS RATINGS PROCESS AND SOUND CORPORATE GOVERNANCE"

Source text for Eikon:  ID:nBSE6l3fyS 
Further company coverage:  ICRA.NS 

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