State-owned Coal India today announced appointment of five independent directors, filling five of seven posts that had been lying vacant for over a year.
Seven posts of independent directors were vacant since September 2014.
The five independent directors -- Loretta Mary Vas, Vinod Jain, D C Panigrahi, Khanindra Pathak and Satish Balaram Agnihotri -- have been appointed for a period of three years with effect from November 17, 2015, the state-run miner said in a filing to the BSE.
Total strength of Coal India board is 14.
Coal India had earlier announced cessation of its three independent directors -- R N Trivedi, Noor Mohammad and Indranil Manna w.E.F. September 10, 2014.
In September last year, the company also announced resignation of its three independent directors, including Alok Perti and C Balakrishnan.
The PSU had also informed the bourses that "Shri Prakash who was appointed as non-official part time Director" for a period of three years w.E.F. February 6, 2014 had tendered his "resignation for personal reasons w.E.F. September 2, 2014".
Coal India accounts for over 80 per cent of the domestic coal production.
