Who is re-appointment as managing director of Bharti Airtel for a period of five years ( February 1, 2023 to January 31, 2028)?

Daily Current Affairs

Sanjay Kapoor

Gopal Vittal

C. P. Gurnani

Rajesh Gopinathan

Correct Answer : Gopal Vittal

Bharti Airtel's shareholders have given their approval for the re-appointment of Gopal Vittal as managing director of the company for a period of five years, starting February 1, 2023.

Over 97 per cent of total votes polled were in favour of the resolution, and the same "has been passed with requisite majority", the telco said in a regulatory filing on the outcome of its Annual General Meeting (AGM).

Shareholders also approved a special resolution related to payment of remuneration to Vittal as managing director and CEO of the company, with 89.57 per cent votes in favour and 10.42 per cent against the proposal.

As per the notice of AGM dated July 21, 2022, shareholders' nod was sought for "re-appointment of Gopal Vittal as Managing Director (designated as Managing Director and CEO) for a further period of five (5) years with effect from February 1, 2023, liable to retire by rotation..."

Vittal was re-appointed as the managing director and CEO with effect from February 1, 2018 for a period of 5 years, (upto January 31, 2023). His re-appointment was due for another term of five years (that is from February 1, 2023 to January 31, 2028)..

Source : Times now News

Published On : August 14, 2022

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