VST Industries Limited at its board meeting on October 27, 2020 approved the appointment of Mr. Aditya Deb Gooptu as an CEO. Date of appointment is 1st December, 2020. Term of appointment is for a period of 5 years subject to the approval of the shareholders at the next Annual General Meeting of the Company. Mr. Devraj Lahiri, the existing Managing Director will be relieved from the services of the Company by the close of business hours on 9 December, 2020. Mr. Gooptu has spent over 17 years (2003-2020) in Godfrey Phillips India in various roles and most recently as Business Head Cigarettes and New Markets.