New Delhi, Sep 25 () CG Power and Industrial Solutions on Wednesday said that its board has appointed a non-executive independent director Ashish Kumar Guha as its chairman.
“Ashish Kumar Guha, Non Executive Independent Director of the Company was appointed as the Chairman of the Board of Directors of the Company with effect from September 25, 2019,” the company said in a BSE filing after its board meeting.
The company also said the board has approved the proposal to set up special situation committee.
“The Board of Directors of the Company has dissolved the Operations Committee and constituted the Special Situation Committee (SSC) comprising Narayan K Seshadri, Non Executive Independent Director (Chairman of SSC), Ashish Kumar Guha, Non Executive Independent Director and Mr Sudhir Mathur, Whole Time Executive Director as members,” it said.
