Indianmandarins has reliably learnt that the post of CMD in Hindustan Steel Construction Limited is being split into two separate posts of Chairman & MD. Official announcement in this regard may be made soon. Currently, Moyukh Bhaduri would be the last CMD of HSCL.
It may be mentioned that HSCL became a subsidiary of NBCC (India) Limited from 01 April 2017, thus necessitating the post be split. Post new arrangement, NBCC became the major stake-holder with 51 percent stake in HSCL.
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HSCL: CMD post being split into MD & Chairman
By IndianMandarins - 2018-05-17 09:09:16
Indianmandarins has reliably learnt that the post of CMD in Hindustan Steel Construction Limited is being split into two separate posts of Chairman & MD. Official announcement in this regard may be made soon. Currently, Moyukh Bhaduri would be the last CMD of HSCL.
It may be mentioned that HSCL became a subsidiary of NBCC (India) Limited from 01 April 2017, thus necessitating the post be split. Post new arrangement, NBCC became the major stake-holder with 51 percent stake in HSCL.
