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Rajesh Mandawewala reappointed Welspun India MD

Admin| Mar 25, 2017 - 01:00 AM India

Rajesh Mandawewala reappointed Welspun India MD

NEW DELHI: Textile firm Welspun India today said it has re­appointed Rajesh Mandawewala as the managing director for five years.

The board has approved re­appointment of Rajesh Mandawewala as the MD for five years with effect from April 1, subject to approval of the members of the company, Welspun India said in a BSE filing.

Mandawewala, whose term is going to end on March 31, is co­promoter of the firm and has been associated with the company since its inception.

The stock closed at Rs 80.40, down 0.86 per cent, on BSE.


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