On the recommendation of the Nomination and Remuneration Committee, the Board of Directors has approved the appointment of Mr. Venkateswara Rao Eluru as the Senior Management Personnel of the Company.
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Containe Technologies Ltd has appointed Mr. Venkateswara Rao Eluru as a Senior Management Personnel of the company, effective 03rd June 2026. The appointment was recommended by the Nomination and Remuneration Committee and approved by the Board of Directors at their meeting held on the same day. Mr. Eluru currently serves as Production Manager, overseeing end-to-end production, assembly, testing, and quality assurance of Vehicle Location Tracking Devices (VLTDs). The appointment is on a full-time employment basis. The company has a BSE scrip code of 543606 and is based in Hyderabad.
This is a routine senior management appointment and is unlikely to have any material impact on the stock price or shareholder value in the short term.