Cimmco Limited informed that the Board of Directors of the company in its meeting held on 10 November, 2018, pursuant to the recommendation of the Nomination & Remuneration Committee, has re-designated Shri Anil Kumar Agarwal from Whole-time Director to Managing Director-cum-CEO of the company with immediate effect. Except his responsibilities/powers to be exercised as Managing Director-cum-CEO, the current terms and conditions of his appointment as Whole-time Director approved by
the shareholders of the company at the 72nd Annual General Meeting held on July 31, 2017 will continue to be the same. He will also continue as Chief Financial Officer of
the holding company- Titagarh Wagons Limited. Shri Anil Kumar Agarwal has rich experience of over twenty one years in the finance, accounts and other corporate functions. Shri Agarwal is not related to any other Director on the Board of the company.