Nalco appoints five independent directors

The state-owned aluminium maker national aluminium Company (Nalco) on Friday, last week, named five independent directors on its board.

"Part-time non-official (independent) directors have been appointed on the board of the company with effect from November 21, 2015, vide order dated November 17, 2015," Nalco said in a filing to Bombay Stock Exchange.

The appointees are Damodar Acharya, Dipankar Mahanta, P K Nayak, Maheswar Sahu and S Sankararaman, the filing said.

Last month, Coal India had also appointed five independent directors out of seven posts that had been lying vacant for over a year.

As per the diversification plan, Nalco has ventured into renewable energy space, its website showed.

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.