JSW Energy Joint Director & CEO Prashant Jain resigns
JSW Energy on Tuesday said its Joint Managing Director & CEO Prashant Jain has resigned from the posts to take early retirement from active professional life.
JSW Energy on Tuesday said its Joint Managing Director & CEO Prashant Jain has resigned from the posts to take early retirement from active professional life.
"Prashant Jain has expressed his intention to take early retirement from active professional life to pursue his personal interests and accordingly step down from the position of Joint Managing Director & CEO and as a Key Managerial Person of the company," according to a BSE filing.
Jain will continue to serve in his current position till January 31, 2024, to support an orderly transition, the filing said.
A search process for selecting a suitable internal or external candidate has commenced and the outcome of the same will be informed in due course, the company said.
"After a work life of more than 31 years, it is now time to pursue my personal interests, hobbies and passion for other pursuits while spending quality time with my family. Accordingly, I would like to avail early retirement from the services of the company," Jain said in his resignation letter.
Consequently, he stated, "I will step down from the position of Joint Managing Director & CEO, Director and as a Key Managerial Person of the company. I will continue to helm the post till 31st January 2024 and provide the necessary support to my successor to facilitate a smooth transition."
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
lok-sabha-elections-2024-final phase-7 voting-date-last day to vote general election timings-states-seats-key-candidates-constituencies-ls-polls-general-election-schedule-time-table-results-date
From Axis to IDFC First - These bank stocks can give bumper returns in 3-4 weeks – Check target price and stop loss
Rules Changing from June 1: Aadhaar card update, driving license, LPG price and others - Check Full List
Central Railways' 63-hour mega block to hit Mumbai local train services, check dates and other details
SBI Senior Citizen FD Interest Rates 2024: What Rs 2 lakh, Rs 4 lakh, and 6 lakh, and Rs 8 lakh investments will give you in 1-, 3-, and 5-year FDs
Gold and Silver rate today (May 30, 2024): Precious metal futures trade in red; yellow metal near Rs 72,000, white metal falls by nearly Rs 1,500
Top 5 Defence PSU Stocks: Investors buying 1 unit of top PSU defence stock a month made Rs 40,299.40 on Rs 23,003.25 investment in 1 year
07:44 PM IST