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GlaxoSmithkline Consumer announces change in management structure

Our Bureau, MumbaiSaturday, October 26, 2002, 08:00 Hrs  [IST]

GlaxoSmithKline Consumer Healthcare Ltd has informed BSE that Colin Handcock has ceased to be the Nominee Director of the Company under Article 97A of the Articles of Association of the Company. Consequently P Dwarakanath also ceases to be Alternate Directors to Colin Handcock, Nick Massey has been nominated by Horlicks Ltd as a Director under Article 97A of the Articles of Association of the Company. Nick Massey has been appointed as the Managing Director of the Company effective November 01, 2002 in place of S J Scarff who ceases to be the Managing Director of the Company w.e.f. November 01, 2002. S J Scarff has been appointed as the Non executive Chairman of the Board of Directors of the Company from that date. Sangita Reddy has tendered her resignation w.ef. November 01, 2002 to the Board of Directors and in her place Colin Handcock has been appointed as a Director in casual vacancy w.e.f. November 01, 2002. P Dwarakanath has been appointed as an Alternate Director of Colin Handcock at the above mentioned Board Meeting. Sangita Reddy who was a member of the Investor Greivance Committee has ceased to be member due to her resignation and in her place P S Mukherjee, Wholetime Director of the Company has been appointed as a member of the Investor Greivance Committee w.e.f. November 01, 2002.

 
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