Brief: Tourism Finance Corp of India says Sanjeev Kaushik appointed as chairman

Tourism Finance of India

08/02/2017 13:19

Feb 8 (Reuters) - Tourism Finance Corporation Of India Ltd 
 TFCI.NS : 
    * Sanjeev Kaushik has been appointed as chairman of the 
board 
 
Source text:  
    Tourism Finance Corporation of India Ltd has informed BSE 
that the Board of Directors of the Company at its meeting held 
on February 08, 2017, has appointed Shri Sanjeev Kaushik (IAS) 
and Shri B.N.Nayak as Additional Director(s) w.e.f. February 08, 
2017 and Shri Sanjeev Kaushik has been appointed as Chairman of 
the Board of Directors w.e.f. February 08, 2017. 
 
Further, as per the existing terms of appointment, the tenure of 
following directors viz. Shri S.Ravi, Shri Vivek Nair is upto 
March 31, 2017 and for Shri S.Sridhar is upto May 26, 2017 
respectively. The Board of Directors has approved re-appointment 
of Shri S.Ravi, Shri Vivek Nair and Shri S.Sridhar as 
Independent Directors for second term of 5 (five) years w.e.f. 
April 01, 2017 and May 27, 2017 respectively subject to approval 
of shareholders by way of Special Resolution in the next Annual 
General Meeting. 
 
Further company coverage:  TFCI.NS  
 
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