Hitesh Sethia appointed as MD and CEO of Jio Financial Services
This approval is subject to the condition that the appointee must have a valid Employment Visa during their tenure in India, according to a letter from MCA filed with the stock exchanges by Jio Financial Services Ltd.
New Delhi: The Ministry of Corporate Affairs (MCA) has approved the appointment of Hitesh Kumar Sethia as the Managing Director and CEO of Jio Financial Services for three years starting from November 15, 2023. However, this appointment is subject to the condition that the appointee holds a valid Employment Visa throughout his tenure in India.
The MCA letter containing this information has been filed by Jio Financial Services Ltd. with the stock exchanges.
Read Also : NHPC Ltd Q4 results, 16.3 percent decline in net profit"The approval granted by the MCA is per the provisions of the Companies Act 2013. It is important to note that this approval does not cover any requirement of security clearance. The responsibility of obtaining the necessary security clearance lies with the company or appointee." This is what the MCA letter stated.
Read Also : Ujjivan small finance bank Q4 results, highest ever PAT at Rs 1,281 crore recordedNews Must Read
- Electric Cars vs. Hybrid Cars: 5 Major Differences
- CBI registers case against PNB official for illegally transferring approx. Rs. 4.98 cr
- Bandhan Bank Q4 results, Net profit declines 93% to Rs 54.63 crore
- Vikram Solar Wins a 397.7 MWp Module Supply order for NTPC Khavda Project
- BEML bags order worth Rs 250 crore from Northern Coalfields Ltd
- PhonePe collaborates with LankaPay to promote UPI payment acceptance in Sri Lanka
- HAL Q4 results, net profit up by 52.2 percent YoY
- GAIL India Q4 results, 22 percent fall in net profit
- MOIL Registers historical performance in FY'24
- PFC Q4 results, PAT jumps 20% YoY to Rs 5,624 cr