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Ratan Tata steps down from TTML board

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CIOL Bureau
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BANGALORE: Tata Teleservices Maharashtra Ltd announced on Monday that Tata Group Supremo Ratan Tata has exited from the board of Tata Teleservices Maharashtra (TTML) as chairman and director of the company.

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It also announced A R Gandhi shall cease to be a director of the company, effective from the close of business hours of March 23, 2009.

According to a press release, Amal Ganguly has been appointed as an independent director of the Company and Kishor A Chaukar has been appointed non-executive director and chairman of the Board of Directors effective from March 24, 2009.

Other directors on the board of TTML are - Anil Sardana, S Ramadorai, Mukul Govindrajan (managing director) and independent directors Ashok Jhunjhunwala, N S Ramachandran and Nadir Godrej, the release added.

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