Wendt (India) Limited announced that Mr. Rajesh Khanna was appointed as the Executive Director & CEO at the Annual General Meeting held on 22nd July 2019 for a term commencing from 24th July 2018 till 31st October 2020. Mr. Rajesh Khanna's term of appointment as Executive Director & CEO will end at the close of business hours of 31st October 2020. Considering Mr. Rajesh Khanna's rich experience and expertise in the Company's business segments, his continued association will immensely benefit its growth strategies. Hence, his continuance on the Board was approved as a Non-Executive Non-Independent Director liable to retire by rotation with effect from 1st November 2020. Based on the Nomination and Remuneration Committee, the Board has approved the appointment of Mr. C Srikanth as the Chief Executive Officer ­ Designate with effect from 1st November 2020 and as the Chief Executive Officer with effect from 1st April 2021. He will be the Key Managerial Personnel of the Company pursuant to Section 203 of the Companies Act, 2013 with effect from 1st April 2021. Mr. C Srikanth aged 54 years is a Mechanical Engineer by qualification and has completed his Master's in Business Administration in Marketing. He has a long stint in sales and marketing especially in precision abrasives business. He is associated with the Carborundum Universal Limited and the Murugappa Group for close to three decades.