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Goodricke board reconstituted
Kolkata: The five-member board of
Goodricke group has once again been reconstituted, with the induction of two more
directors. Ms. Sudha Kaul and Mr. Kantanand Sinha have been appointed as additional
directors of the group with effect from January 1.
Ms. Sudha Kaul is a doctorate from the Manchester Metropolitan University and is an active
social worker. She is also a trustee and vice-chairperson of the Indian Institute of
Cerebral Palsy (formally Spastic Society of Eastern India).
Mr. Kantanand Sinha is a senior banker and has recently retired as senior manager, eastern
region, Kongkong and Shanghai Banking Corporation.
Other members of the newly restructured
board are P A Legatt (chairman), K S David (managing director), P Majumdar (director), P E
Hill (director), A K Mathu (director). Incorporated in 1977, the Goodricke group is the
third largest tea producing group in India and is a leading producer of Darjeeling tea.
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Mr. Rahul Bajaj might
step down before term-end
Pune: Mr.Rahul Bajaj, chairman and managing director of Bajaj Auto Limited (BAL)
has reportedly stated that he could step down as managing director, when his current term
ends in over next four years or perhaps even earlier. His elder son, Mr.Rajiv Bajaj is
likely to be his successor to the MDs position in BAL. Mr. Raul Bajaj will however,
continue to be the chairman of the company.
Mr. Rahul Bajaj was elected CMD of the
company for a five-year-term last year. He had joined as director of the managing agency
of Bajaj Auto and was later elevated to the post of managing director on April 1, 1970. He
took over as chairman and managing director of the company on May 1, 1972, after the death
of his father.
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