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Abbott India MD Rehan A Khan resigns

Abbott India MD Rehan A Khan resigns
Drug firm Abbott India today announced the resignation of its Managing Director Rehan A Khan. "Rehan A Khan has vide his letter dated February 29, 2016, tendered resignation as the Managing Director and Director of the company to pursue career opportunity overseas," Abbott India said in a BSE filing. His resignation shall be effective close of business hours on April 30, 2016, it added. In another development, Kaiyomarz Marfatia has ceased to be a whole-time director of the company upon completion of his term with effect from February 29, 2016, Abbott India said. "He continues as the non-executive director of the company, subject to retirement by rotation," it added. Abbott India stock today closed 0.48 per cent down at Rs 4,792.45 on BSE

Source: PTI
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