Honeywell has appointed Anant Maheshwari, the Managing Director of Honeywell Automation India Ltd (HAIL), as its new President of Honeywell India. Honeywell Automation India Ltd informed BSE on November 11, 2013, that Anant Maheshwari has accepted a new position in Honeywell as President, Honeywell India, and will be based in Gurgaon. In this role, Maheshwari will succeed Jim Bujold, who has resigned as a Director of HAIL with effect from November 11, 2013 as he moves to a new role as President, Southeast Asia, Honeywell.
Pursuant to this new position, Maheshwari will resign from the post of Managing Director, HAIL with effect from December 31, 2013. He will, however, continue to remain on the Board of HAIL as a Director.
The Directors have passed a resolution appointing Vikas Chadha as an Additional Director with effect from November 11, 2013, to be designated as the Managing Director, HAIL, with effect from January 1, 2014, subject to the approval of the company's shareholders in its forthcoming Annual General Meeting.
Pursuant to this new position, Maheshwari will resign from the post of Managing Director, HAIL with effect from December 31, 2013. He will, however, continue to remain on the Board of HAIL as a Director.
The Directors have passed a resolution appointing Vikas Chadha as an Additional Director with effect from November 11, 2013, to be designated as the Managing Director, HAIL, with effect from January 1, 2014, subject to the approval of the company's shareholders in its forthcoming Annual General Meeting.