NOCIL appoints Dharmishta N Raval as additional director
Source: IRIS | 02 Sep, 2014, 02.38PM
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Rating: NAN / 5 stars. |
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NOCIL said that the company has appointed Dharmishta Narendraprasad Raval as additional director pursuant to section 161 of the companies act, 2013. Pursuant to clause 49 of the listing agreement Dharmishta N Raval is non-executive independent director of the company. The stock had underperformed the market over the past one month till Sep. 01, 2014, falling 10.45% compared with the Sensex's 5.44% rise. It underperformed the market in past one quarter, declining 5.90% as against 10.94% rise in the Sensex.
Shares of the company gained Rs 4.45, or 13.03%, to trade at Rs 38.60. The total volume of shares traded was 5,247,865 at the BSE (2.22 p.m., Tuesday).
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