KalingaTimes.com: NALCO Board strengthened

KalingaTimes.com: NALCO Board strengthened

NALCO Board strengthened

KalingaTimes Correspondent
Bhubaneswar, April 25: The Board of National Aluminium Company Limited (NALCO), a leading PSU under Ministry of Mines, has been further strengthened with the induction of five Independent Directors for a period of three years.

The newly inducted Independent Directors are S.B. Mishra, former Chief Secretary of Orissa; N.R. Mohanty, former Chairman, Hindustan Aeronautics Limited; Jyoti Mukhopadhyay, Director, Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC); R.K. Sharma, Secretary General, Federation of Indian Mineral Industries; and Maj. General Samay Ram (Retd.).

With this induction, the requirement of Listing Agreement with Stock Exchange to have eight Independent Directors in the Board has been complied with in full and the development is expected to pave the way for formally conferring Navratna status on NALCO.