Kalyan Jewellers India announced board approval for the appointment of Mr. Vinod Rai as the Chairman and Independent Non-executive Director on the Board of the company.

The appointment will be subject to obtaining requisite regulatory and shareholders’ approvals.

Mr. TS Kalyanaraman will continue as Managing Director on the company’s board.

Kalyan Jewellers India was quoting at Rs 59.15, down Rs 0.40, or 0.67 percent on the BSE.

News Source:- Moneycontrol