Gujarat Pipavav Port Ltd today said its Managing Director Prakash Tulsiani has stepped down from the post to pursue other career opportunities and the company has identified his successor.
“Prakash Tulsiani has resigned as Managing Director and as a Director with effect from May 31 to pursue other career opportunities,” the company said in a filing to the BSE.
It said Tulsiani’s successor has been identified by Gujarat Pipavav’s promoter APM Terminals and the details would be made public on completion of appointment formalities.
The company appreciated Tulsiani for “his hard and dedicated work towards a successful startup of the container terminal at Pipavav and the company’s turnaround” on behalf of its Board of Directors and APM Terminals.
Tulsiani had joined APM Terminals Organisation as Chief Operating Officer of Gateway Terminals India Private Ltd in 2005.
Gujarat Pipavav Port is operated by APM Terminals, a global container terminal operator.
The company’s shares were trading 1.35 per cent down at Rs 237.65 apiece during afternoon session on the BSE.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.