ABOUT US - ANNOUNCEMENTS

ANNOUNCEMENTS

Appointment of Directors

Ms. Vibha Paul Rishi and Mr. Gautam Banerjee have been appointed as Additional Directors of the Company, effective September 10, 2014.

Resignation of Director

Mr. Guy Crawford has resigned as a Director of the Company with effect from September 8, 2014 due to statutory and compliance reasons (necessitated by the coming into force of the new Companies Act, 2013).

Appointment of new Managing Director

Mr. Raymond N. Bickson will step down as the Managing Director of the Company with effect from August 31, 2014 to pursue his professional interests elsewhere.

Mr. Rakesh K. Sarna, a hospitality industry veteran, will join as the Managing Director and Chief Executive Officer of the Company effective September 1, 2014.

Retirement of Mr. Jagdish Capoor

Mr. Jagdish Capoor retired as a Director of the Company with effect from July 1, 2014 keeping in line with the Tata Group's Retirement Policy.