Balkrishna Industries Ltd. announced that Board of Directors of the company at its meeting held on February 11, 2012, inter alia, has accepted the resignation of Basant G. Bansal, the Whole Time Director, designated as Director (Finance), from the Board of Directors of the company with effect from February 11, 2012. The Board has approved the appointment of Vipul Shah, as an Additional Director and Whole Time Director of the company for a period of 5 years with effect from February 11, 2012, to be designated as Company Secretary.
Balkrishna Industries Limited is an India-based company that is engaged in the business of manufacturing and selling of off-highway tires (OHT) in the specialist segments, such as agricultural, industrial and construction, earthmovers and port, mining, forestry, lawn and garden and all-terrain vehicles (ATV). The Companyâs agricultural applications include tractor, harvester, implements, telehandler, agro truck, go-kart, golf kart, mower, fertilizer truck, compact loader, backhoe loader, mobile home, and universal vehicle. Its industrial applications include compactor, container handler, reach stacker, excavator, forklift, skid steer, grader, straddle carrier, RTG crane, mobile crane, terminal tractor, tow tractor, light truck, road rail equipment, trailer, and military truck. Its off the road applications include articulated dump truck, rigid dump truck, load haul dump, low profile dump truck, underground mining vehicle, and scraper.