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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Nandan Cleantec | LSE:NAND | London | Ordinary Share | GB00B713ZZ63 | ORD 0.02P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 4.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMNAND
RNS Number : 7107E
Nandan Cleantec plc
15 May 2013
15 May 2013
Nandan Cleantec plc
Directorate Changes
Nandan Cleantec plc ("Nandan" or the "Company"), a scaled vertically integrated biofuel producer, announces that Non-Executive Director, Sandesh Pandhare, will leave the Company with immediate effect to concentrate on his other business interests.
The Company is pleased to announce the appointment of Ravi Gidwani to the Board as a Non-executive Director.
Mr Gidwani is an Executive Director of Private Equity at Istithmar World the investment arm of Dubai World which is 100% owned by the Government of Dubai. He is a resident of the UAE.
Mr Gidwani is also a Director of Padaeng Industry Public Company Limited, a Stock Exchange of Thailand-listed zinc mining and smelting business. He has previously worked at McKinsey & Co and ABN Amro and has an MBA from the SDA Bocconi School of Management, Italy.
Mr Gidwani will replace Sandesh Pandhare as a member of the Remuneration Committee and as Chairman of the Nomination Committee.
On confirming the appointment Srinivas Prasad Moturi, Chairman and Managing Director of Nandan, said:
"I and on behalf of the other members of the Board would like to take this opportunity to thank Mr. Sandesh Pandhare for his advisory services and active role in Nandan and we wish him well for his future endeavours.
I would like to welcome Ravi to the Board of Nandan. Going forward Ravi will bring valuable perspective to the business with his strong commercial links in the Middle East as well as being a valuable link between the Company and Istithmar, who are a long term supporter of our business. I look forward to working alongside him in order to grow the Company."
For further information:
Nandan Cleantec plc Srinivas Prasad Moturi Tel: +91 40 6550 7799 Arden Partners plc Steve Douglas Tel: 020 7614 5917 FTI Consulting Matt Dixon / Emma Appleton Tel: 020 7831 3113
Disclosures under AIM Rule 17
Ravi Ranjit Gidwani, age 37, currently has no shares in the Company and other than as set out below there is no further information to be disclosed under schedule 2(g) and Rule 17 of the AIM Rules for Companies in respect of Ravi Gidwani's appointment as a Director of the Company.
Mr Gidwani is or has been a Director of the following companies during the previous five years:
Current Directorships Previous Directorships Incrementum Capital Partners Inchcape Shipping Services LLP World Ltd Padaeng Industry Public Company Ltd (THI)
This information is provided by RNS
The company news service from the London Stock Exchange
END
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