Thursday, March 29, 2012

Kingfisher appoints independent directors

Beleaguered Kingfisher Airlines has taken on board three independent directors to comply with the listing norms, a week after its lone independent director walked out citing poor health.
“The company, therefore, in order to comply with the Listing Agreement has to appoint three independent directors. The company proactively already taken steps and has obtained the consent of Manmohan Singh Kapur, Lalit Bhasin and Shrikant Ruparel to join the board o directors of the company as independent directors,” KFA said in a filing to the BSE.
29/03/12 Indian Express
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