Vidarbha Iron & Steel Corporation Ltd Announces Board Changes
Vidarbha Iron & Steel Corporation Ltd announced that Board of Directors of the Company at its meeting held on March 15, 2013, has taken the following decisions: Acceptance of resignation of Mr. M. D. Saraf from the executive post of Managing Director of the Company with effect from March 15, 2013. Mr. M. D. Saraf however, shall continue to be a director of the Company; Appointment of Mr. Anurag Saraf as new Managing Director of the Company for a period of five years with effect from March 15, 2013 subject to approval of the shareholders in the ensuing General Meeting of the Company.
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