Live Markets »News & Advice»Most Read»Most Read Details
Most Read Details
Back

Adani Power replaces Ravi Sharma with Vineet Jain

BS Reporter/Ahmedabad 12 Jun 12 | 04:41 PM
Related to : Adani Power Ltd
 Adani Power Ltd
tradenow

BSE   23 Oct 14 | 12:00 AM

45.90  1.1 (2.46%)

NSE   23 Oct 14 | 12:00 AM

45.90  1 (2.23%)

Adani Power Limited (APL) on Tuesday informed that the company has accepted the resignation of its executive director and chief executive officer (CEO), Ravi Sharma with effect from June 30, 2012. The company has appointed Vineet Jain as executive director.

"Ravi Sharma is leaving the company for personal reasons," APL informed in its filing with the Bombay Stock Exchange (BSE). The board of directors of APL had appointed Jain as an ED with effect from May 14, 2012.

Related Stories

    No Related Stories Found

"After taking over business development function, which was earlier handled by Ravi Sharma, Vineet Jain now assumes the overall leadership role of project implementation, O&M and business development initiatives of the power business of Adani Group," the company statement said. Jain joined Adani Group in 2006.

Business Standard had earlier carrried a news report about Ravi Sharma's departure from the company.

Meanwhile, Adani Power shares ended flat on Wednesday at Rs 48.10 on BSE, while the benchmark SENSEX closed positive at 16,862.80 up 194 points.

Sensex

Company Price Gain (%)
Bajaj Auto2,528.004.76
Hero Motocorp3,117.104.07
Cipla628.453.69
Larsen & Toubro1,559.503.17
Tata Motors516.953.04

Poll

Will markets continue to scale record highs in Samvat 2071?


Online Portfolio

You can create Online Portfolio here using the below button.