Tata Motors appoints Al Noor Ramji on board; stock slips ~1%

2 May 2022 , 09:46 AM

Tata Motors Limited informed that upon completion of the applicable regulatory formalities, Al Noor Ramji has been appointed as an Additional Director and Independent Director of Tata Motors Limited for a period of 5 years, i.e., from May 1, 2022, to April 30, 2027 (both days inclusive), subject to the approval of the shareholders of the Company.

Before his appointment as Additional Director in Tata Motors, Ramji was holding the position of Group Chief Digital Officer at Prudential PLC, where he was responsible for developing and executing an integrated, long-term digital strategy for the Group.

Prior to his association with Prudential PLC, Al-Noor was at Northgate Capital, where he ran the technology-focused funds. He was previously associated with Misys, the financial services software group, and has held leading technology and innovation roles at BT Group, Qwest Communications, Dresdner Kleinwort Benson, and Swiss.

Tata Motors is currently trading at Rs432 down by Rs5.55 or 1.27% from its previous closing of Rs437.55 on the BSE. The scrip opened at Rs438 and has touched a high and low of Rs443 and Rs430.10 respectively.