Wednesday, April 9, 2008

Ingersoll Rand - Outcome Of Board Meeting

Ingersoll Rand India Ltd has informed that the Board of Directors of the Company at its meeting held on April 08, 2008, subject to requisite approvals from the shareholders of the Company, re-appointed Mr. Daljit Mirchandani as the Managing Director of the Company, designated as Chairman and President from April 15, 2008 upto April 30, 2008.
Mr. Mirchandani shall continue to act as Chairman of the Board with effect from May 01,
2008.
The Board of Directors has, subject to requisite approvals from the shareholders of the Company, appointed Mr. Jaideep Wadhwa as the Manager, designated as Vice President & General Manager Industrial Technologies for a period of 5 years with effect from May 01, 2008. Mr. Jaideep Wadhwa will manage the affairs of the Company in his capacity as Manager, subject to the superintendence, direction and control of the Board of Directors.

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