Two Independent Directors Step Down from Balmer lawrie

New Delhi: Balmer Lawrie & Co. Ltd. today in an official notice states the Cessation of directorship of Dr. Vandana Minda Heda, and Shri Rajeev Kumar as Non-Executive Directors in the designation of Independent Director of the Company with effect from 8th November 2024 owing to completion of her tenure.

The company mentioned, "This is with reference to our earlier intimations dated 28th September 2022 wherein, the Company had intimated the Stock Exchanges regarding the approval of shareholders of the Company for appointment of Dr Vandana Minda Heda (DIN: 09402294) and Shri Rajeev Kumar (DIN: 09402066) as a Non-Executive, Independent Directors for a period of three years with effect from the date of notification of appointment i.e. from 8th November, 2021 or until further orders from the Ministry of Petroleum & Natural Gas, Government of India (Administrative Ministry) pursuant to the Nomination Letter bearing reference No. CA31033/2/2021 -PNG (39069) dated 8th November, 2021 received from the Administrative Ministry."

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In furtherance to the same and in terms of Regulation 30 read with Para A of Part A of Schedule Ill of Listing Regulations, this is to inform hereby that Dr. Vandana Minda Heda (DIN: 09402294) and Shri Rajeev Kumar (DIN: 09402066) have ceased to be Non-Executive Directors in the designation of Independent Directors of the Company with effect from 8th November, 2024 owing to completion of their respective tenure.

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About Balmer Lawrie & Co. Ltd.

Balmer Lawrie & Co. Ltd. is a renowned Indian public sector enterprise operating under the administrative control of the Ministry of Petroleum and Natural Gas. Founded in 1867, it has a rich history spanning over 150 years. It's a diversified company engaged in industrial packaging, logistics services, travel and tourism, and other sectors. With a strong government backing and a rich legacy, Balmer Lawrie offers a wide range of products and services, prioritizing customer satisfaction and innovative solutions.

 

 

 

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