Home » Siddhartha Lal reappointed Eicher Motors MD...

Siddhartha Lal reappointed Eicher Motors MD for 5 years

Sumit Arora Published On October 27th, 2021 Leave a comment

Eicher Motors Ltd passed the resolution to reappoint Siddhartha Lal as the Managing Director of the company for five years, starting May 1, 2021. The board also approved a revised remuneration structure for the Managing Director, with a maximum cap of 1.5 per cent of profits as per Section 198 of the Companies Act. The proposal for reappointment was cleared with almost 93.8 per cent of the total 226 million votes casted going in favour of the resolution.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Find More Appointments Here

About the Author

Sumit Arora

Author

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.