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Tata Steel appoints Price Waterhouse as auditor

Shareholders pass resolution to appoint Deepak Kapoor as independent director

Photo: Reuters
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Cyclists ride past the Tata steelworks in the town of Port Talbot, Wales, Britain. (Photo: Reuters)

Aditi Divekar Mumbai
A Tata Steel release to the stock exchanges on Wednesday said the shareholders of the company passed resolutions at the annual general meeting (AGM) appointing Price Waterhouse & Co as the company’s statutory auditor and Deepak Kapoor as independent director.
 
About 99.99 per cent of the shareholders voted in favour of appointing Price Waterhouse, while 99.81 per cent were in favour of appointing Kapoor as an independent director.
 
Kapoor retired from PricewaterhouseCoopers in December last year.
 
Tata Steel shareholders also appointed Tata Sons chairman N Chandrasekaran as director on the board. Chandrasekaran is also chairman of Tata

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