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Home arrow News arrow Business News arrow S. Radhakrishnan appointed as Managing Director of Nelcast Ltd
S. Radhakrishnan appointed as Managing Director of Nelcast Ltd Print E-mail
Written by Viswanath   
Thursday, 20 January 2011
Mumbai: S. Radhakrishnan has been appointed as Managing Director of Nelcast Ltd. He has been appointed as Additional Director of the Company by the board in the board meeting held on January 17, 2011.

To facilitate for appointment of a professional as "Managing Director" of the Company, Mr. P. Radhakarishna Reddy, Chairman & Managing Director, has resigned from the post of Managing Director with effect from January 17, 2011 and will continue as Chairman of the Company.

The Board of Directors of the Company at its meeting held on January 17, 2011, inter alia, have declared a Special Silver Jubilee Dividend of Rs. 12/- per equity share of Rs. 10/- each of the Company in view of the 25th Anniversary and that the same will be paid to the equity shareholders of the Company before February 05, 2011, whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on January 27, 2011 which is the Record Date fixed for the purpose.

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