Mytrah Energy Ltd KEY SENIOR MANAGEMENT APPOINTMENTS (5750G)
August 09 2016 - 1:01AM
UK Regulatory
TIDMMYT
RNS Number : 5750G
Mytrah Energy Ltd
09 August 2016
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR
JAPAN
Mytrah Energy Limited
("Mytrah" or the "Company")
KEY SENIOR MANAGEMENT APPOINTMENTS
Mytrah, the India-based renewable focused Independent Power
Producer, is pleased to announce that Vikram Kailas, the Chief
Financial Officer of Mytrah Energy Limited (MEL) and Vice Chairman
& Managing Director of Mytrah Energy (India) Private Limited
(MEIPL), has been appointed as Chief Executive Officer of MEL with
immediate effect. Vikram Kailas will continue his role as Vice
Chairman & Managing Director of MEIPL.
Ravi Kailas will step down as Chief Executive Officer of MEL and
continue his role as Chairman of MEL.
In addition, Shirish Navlekar, Chief Financial Officer &
Joint Managing Director of MEIPL, was appointed as Chief Financial
Officer of MEL with immediate effect. Shirish Navlekar will
continue his role as Chief Financial Officer & Joint Managing
Director of MEIPL.
The appointments of Vikram Kailas and Shirish Navlekar as the
Company's Chief Executive Officer and Chief Financial Officer,
respectively, are non-board appointments. The Company's board
remains Ravi Kailas as Chairman and Rohit Phansalkar and Russell
Walls as Independent Non-Executive Directors.
Commenting on the update, Ravi Kailas, Chairman, Mytrah Energy
Ltd. said:
"I am delighted to announce the appointments of Vikram Kailas
and Shirish Navlekar as Mytrah Energy Limited's new CEO and CFO
respectively. The combination of their past experience and
successful tenure at Mytrah make them ideal to lead the company
forward."
For further information, please visit www.mytrah.com or
contact:
Mytrah Energy Limited +44 (0)20 3402
Ravi Kailas / Bob Smith 5790
Investec Bank plc +44 (0)20 7597
Chris Sim / Jeremy Ellis 4000
Mirabaud Securities LLP +44 (0)20 7878
Peter Krens / Rory Scott 3360
Yellow Jersey PR Limited
Charles Goodwin / Dominic Barretto +44 (0)75 4251
/ Josh Cole 4121
About Mytrah Energy Limited
Mytrah Energy Limited (AIM: MYT) is a pioneer and one of the
largest Independent Power Producers ('IPP') in renewable energy in
India, with 877.9 MW of wind power generation across 15 projects
and 8 States. The Company has 211 wind masts installed across
multiple states in India, providing a rich source of information
from which to select its future projects. Mytrah currently has an
active development pipeline of about 3000 MW of wind and 500 MW of
solar.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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