Tata Motors was facing a good time when Mr Ravi Kant Non-Executive Vice Chairman retired from the Board of the Company on May 31, 2014 on attaining the age of 70 as per the Company’s retirement policy.
The Board of Directors appreciated the contribution of Mr. Ravi Kant during his tenure with the Company including as Managing Director for the period July 29 2005 to June 1, 2009 and thereafter in his capacity as Non-Executive Vice Chairman.
On this occasion, Mr. Cyrus P Mistry, Chairman, Tata Sons and Tata Motors, said, “On behalf of the Board and Tata Motors I would like to thank Ravi for his valuable contribution in the growth and development of the Company. I wish him all the best for the future.”
Future launches of Tata Motors included Bolt and Zest, which is expected to boost the sales of Tata Motors in the near future.