Business Standard

Merck announces change in directorate

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Capital Market

On 14 January 2015

Merck announced that E. A. Kshirsagar, an Independent Director, has resigned from the Board of the Company. Kshirsagar has resigned from the Board to create a vacancy for induction of a woman director on the Board of the Company in compliance with the provisions of the Companies Act, 2013 since Merck follows the principles of keeping its board structure lean.

Further, as part of Board restructuring, Pramod Pimplikar, an executive director, has resigned from the office of Director and Whole Time Director of the Company.

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First Published: Jan 14 2015 | 7:03 PM IST

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