Gujarat Cotex to appoint Ruchi Bharolia as independent director

21/12/2016 16:56

Gujarat Cotex, engaged in trading in yarns, on Wednesday said that its board would consider the appointment of Ruchi Bharolia as independent director of the company in a meeting to be held on December 30, 2016.

“A meeting of board of directors of the company shall be held on December 30, 2016, to consider the appointment of Ruchi Bharolia as independent director of the company,” Gujarat Cotex said in a filing to the Bombay Stock Exchange.

Ahead of the announcement, shares of company closed Wednesday’s trade at Rs 4.38, up 4.53 per cent on the BSE.

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