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Rathi Steel & Power MD Mr PK Rathi resigns-The 18th China(Guangzhou)Int'l Stainless Steel Industry Exhibition
8/31/2016 不銹鋼展-不銹鋼展會(huì)-效果最好的不銹鋼展會(huì)- Stainless Steel Exhibition |
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PTI reported that Rathi Steel and Power today said its Managing Director Pradeep Kumar Rathi has resigned from the post with effect from July 28, 2016. It said in a regulatory filing “The company, after due considerations, on August 24, 2016 has accepted Pradeep Kumar Rathi’s request to vacate his office as Director and Managing Director of the company with effect from July 28, 2016.”
Mr Rathi, who has been on company’s Board of Directors since August 27, 1994, was monitoring the day to day affairs of the company.
Rathi Steel & Power (erstwhile Rathi Udyog Ltd) is a part of the Delhi-based P C Rathi Group. Its Ghaziabad unit consists of steel rolling mills having an installed capacity of 1.25 lakh tonnes per annum (LTPA), a wire rod mill and steel melting shop with 40,000 TPA installed capacity comprising for manufacturing high end value added stainless steel and alloy steel products.
In June, the firm had informed that its CEO Udit Rathi has also resigned from his post with effect from May 17, 2016.
-The 18th China(Guangzhou)Int''l Stainless Steel Industry Exhibition
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