CURRENT AFFAIRS

Detailed explanation-1: -The Board of Directors in a meeting held on Tuesday approved the re-appointment of K Venkataramanan as Executive Director - Finance and Chief Financial Officer of the company for a term of one year starting from October 25, 2022 to October 24, 2023.

Detailed explanation-2: -Managing Director and CEO Mr. Chacko Thomas is a Bachelor of Science with specialization in Computer Science from University of Jodhpur. He has over 27 years of rich experience in Plantation Industry and has required expertise in Plantations, Business strategy, Sales and Marketing.

Detailed explanation-3: -Rank: The chairman is the most senior member of the board of directors or trustees. The CEO is the highest-ranking executive in the organization’s operating hierarchy. Reporting: The chairman directly manages the company’s board members. The CEO directly manages the company’s senior executives.

Detailed explanation-4: -The managing director / chief executive is the most senior full-time executive of the company (except when there is an executive chair). The role of managing director and chief executive are virtually the same (the latter title originally comes from the US).