Mumbai: FMCG major Godrej Consumer Products on Friday announced the appointment of Dalip Sehgal as the new Managing Director of the company.
Under the reconstitution of board, Adi Godrej would now be the company’s chairman, Godrej Consumer Products said in a filing to the Bombay Stock Exchange.
Adi Godrej is at present the chairman and managing director of the company.
Further, Hoshedar Press, who is currently the executive director and president, has been designated as the vice chairman of the company, while D Shivakumar has been inducted as an additional director on the board, the company said.
The reconstitution of the board would come in effect from 1 April, 2009, and are subject to shareholders’ approval, the company added.