APAR Industries Limited Announces Cessation of Nina Kapasi as Independent Director (Non- Executive), Chairperson of Audit Committee and Member of Corporate Social Responsibility Committee, Nomination and Compensation Cum Remuneration Committee and Risk Management Committee, Effective May 29, 2024
April 25, 2024 at 07:36 am
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APAR Industries Limited has received a letter from Smt. Nina Kapasi (DIN: 02856816), stating that her second and final term as an Independent Director will conclude on May 29, 2024 and thereafter as per law, she shall cease to be an Independent Director (Non- Executive) of the Company w.e.f. the closure of business hours on May 29, 2024. consequently she also ceased to be Chairperson of Audit committee and member of Corporate social responsibility committee, Nomination and Compensation cum Remuneration committee and Risk management committee.
which shall also become effective from the May 29, 2024.
Apar Industries Limited (Apar) an India-based manufacturer and supplier of conductors, a variety of cables, specialty oils, polymers, and lubricants. The Companyâs segments include Conductor; Transformer & Specialties Oils; Power/Telecom Cables, and others. It provides diverse fields of electrical and metallurgical engineering offering value-added products and services in Power Transmission Conductors, Petroleum Specialty Oils, Power & Telecom Cables, and House wires. The Company's specialty oil business has a range of products, which falls under approximately four categories, such as transformer oils, white oils (liquid paraffins), petroleum jelly, and process oils. It also provides CTC/PICC conductors, railway overhead conductors, T&D overhead conductors, optical ground wires, aluminum and alloy rods, specialty wires, and turnkey solutions. The Company has manufacturing plants in the state of Maharashtra, Gujarat, Orissa, and the Union Territory of Dadra & Nagar Haveli.
APAR Industries Limited Announces Cessation of Nina Kapasi as Independent Director (Non- Executive), Chairperson of Audit Committee and Member of Corporate Social Responsibility Committee, Nomination and Compensation Cum Remuneration Committee and Risk Management Committee, Effective May 29, 2024