Eveready Industries India Limited has announced the appointment of Suvamoy Saha as Managing Director for three years, effective from March 8, 2022.
Prior to this, Suvamoy has been associated as Joint Managing Director & Director and previously he was Chief Financial Officer & Executive Director at Eveready Industries India Ltd.
In an exchange filing, Eveready has informed that the board at its meeting held on Wednesday approved the appointment of Saha as the managing director of the company for three years effective from Wednesday.
The company’s board had requested Suvamoy Saha on March 3 to assume responsibility as Managing Director following the resignation of managing director Amritanshu Khaitan.
Mr. Khaitan, along with non-executive chairman Aditya Khaitan, resigned following an open offer from the Burmans of Dabur.
Commenting on his appointment, Suvamoy said, “I am part of a very exciting time for the company. It is currently completely professionally managed and single-mindedly focused, without any diversion, on the next phase of growth.”
“In the consumer space, our asset is the most underutilised asset among all consumer companies, both in terms of brand and distribution. We need to work on that,” Saha added.
