Moneycontrol PRO
Check Credit Score
Check Credit Score
HomeNewsBusiness

Bajaj Hindusthan's independent director Madhav Laxman Apte resigns

In a filing to the BSE, the company said it has "received resignation letter from Madhav Laxman Apte from the post of independent director vide letter dated August 14, 2019."

August 16, 2019 / 02:50 PM IST
Representative image

Representative image

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Leading sugar firm Bajaj Hindusthan on Friday said that its independent director Madhav Laxman Apte has resigned on health ground.

In a filing to the BSE, the company said it has "received resignation letter from Madhav Laxman Apte from the post of independent director vide letter dated August 14, 2019."

Apte has cited "age and health reasons" for tendering his resignation, it added.

Bajaj Hindusthan Sugar has 14 mills in Uttar Pradesh with cane crushing capacity of 1.36 lakh tonne per day.

Besides sugar, the Shishir Bajaj-led Bajaj Group has interests in power, ethanol, real estate, personal care products and infrastructure.

PTI
first published: Aug 16, 2019 02:42 pm

Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347