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Dr. Joerg Strassburger Vice Chairman & Managing Director of LANXESS India Private Limited has expressed his desire to step down from his position as Vice Chairman and Managing Director and as a Director of the Company and has tendered his resignation at the meeting of the Board of Directors held on 21st April, 2014.
The Board at its meeting accepted his resignation as Vice Chairman & Managing Director of the Company and also as a Director of the Company with immediate effect. Dr. Strassburger is therefore discharged from his duties as a Vice Chairman & Managing Director and as a Director of the Company with effect from 21st April, 2014.
The Board placed on record their appreciation of the valuable contributions and services rendered by Dr. Joerg Strassburger during his tenure as a Vice Chairman & Managing Director of the Company.