With effect from 01 March 2021Godrej Industries has appointed Sandeep Murthy (DIN: 00591165) as an Additional Director (Non-Executive Independent Director) on the Board of Directors of the Company with effect from 01 March 2021 for a term of 5 (five) years, i.e., upto 28 February 2026, subject to approval of the Shareholders of the Company.
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Siemens announces change in directorate
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At meeting held on 12 February 2021The Board of Siemens at its meeting held on 12 February 2021 has approved the change in directorate as under-
Josef Kaeser (DIN: 00867264) has tendered his resignation as Director of the
Company, with effect from 01 March, 2021, due to other commitments.
Approved the appointment of Willem Rudolf Sasson as Director (Non-Executive Non Independent Director) in casual vacancy caused by the resignation of Josef Kaeser
with effect from 1 March 2021 or on allotment of Director Identification Number (by the
Ministry of Corporate Affairs, Government of India), whichever is later.
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On a standalone basis, ABB India s net profit jumped 48.88% to Rs 57.56 crore on 12.93% decrease in total revenue from operations at Rs 1,700.76 crore in Q4 December 2020 over Q4 December 2019.
Profit before tax (PBT) rose 0.53% to Rs 80.39 crore in Q4 December 2020 over Q4 December 2019. Total tax expense for the quarter surged 18.88% to Rs 18.19 crore as against Rs 15.30 crore in Q4 December 2019. The Q4 result was declared during market hours today, 10 February 2021.
The company said it has shown resilient performance as the economy starts to show signs of recovery with strong sequential growth in operating margins. Sequentially, the quarter witnessed uptrend in revenues across all business divisions due to continued focus on execution of order backlog. Factors like export performance, service revenue with system upgrades, sluggish project performance compensated by solid product sales, helped increase revenues during the fourth quarter as compared to the earlier quarter.
With effect from 10 February 2021 ABB India announced the resignation of J C Deslarzes (DIN 08064621) as Director and Chairman of the company. Maria Varsellona (DIN 08892891) has been
appointed as non-executive non-independent Director, in the casual vacancy caused by the
resignation of J C Deslarzes.
Morten Wierod (DIN 08753868) a non-executive non-independent Director of the Company
has been appointed as the Chairman of the Board of the Company, effective from the
conclusion of today s Board meeting.
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