Company Affairs Ministry (MCA) has given its nod for appointment of Hitesh Kumar Sethia as Managing Director and CEO of Jio Monetary Companies for 3 years interval from November 15,2023.
This approval is nevertheless topic to the situation that the appointee holds a sound Employment Visa all through his tenure in India, stated a MCA letter, which has been filed with the inventory exchanges by Jio Monetary Companies Ltd.
The MCA approval is underneath and in respect of the provisions of the Corporations Act 2013 and shouldn’t be thought-about as masking any requirement of safety clearance, for which the corporate/appointee shall be accountable, stated the MCA letter.
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