Voltas Ltd. Announces the Resignation of Usha Sangwan as Representative Director from Life Insurance Corporation of India
September 27, 2016 at 09:53 am EDT
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Voltas Ltd. has received intimation from Life Insurance Corporation of India informing about resignation of Ms. Usha Sangwan as their Representative on Voltas Board, which was accepted by the Directors at the Board Meeting held September 27, 2016. Accordingly, Ms. Usha Sangwan ceases to be a Director of Voltas Limited with effect from September 27, 2016.
Voltas Limited is an India-based air conditioning and engineering solutions provider and a projects specialist. The Company's segments include Unitary Cooling Products, Electro - Mechanical Projects and Services, and Engineering Products and Services. Unitary Cooling Products segment includes manufacturing, selling and after sales services of cooling appliances and cold storage products, and facilities maintenance and hard services, such as operations and maintenance contracts in various sectors, retrofits and energy management, among others. Electro - Mechanical Projects and Services segment includes electro-mechanical projects, such as electricals, heating, ventilation and air conditioning, plumbing, extra low voltage and specialized services, and water solutions, such as comprises water treatment solutions for industrial, oil and gas and domestic sewage segments, among others. Engineering Products and Services segment includes textile machinery and mining and construction equipment.