ECT India?
Q: Can you explain the reason behind Neil Pollock's directorship appointment to ECT India? Was it simply a matter of convenience based upon a personal relationship or a synergy that may play out in future years and is yet to be disclosed?
A: This is in compliance with Indian company law. ECT required an Indian Resident Director. Neil was an appropriate choice at the time, being well known to the Company. Future ECT India Board structure will be aligned to its activities as they develop.
Q: We can view publicly filed information regarding ECT India. Do you envisage any further directorship appointments to ECT India in the next 6 months?
A: All future decisions for directors will be made on a ‘needs’ basis. We are satisfied with the current composition.
ESI Price at posting:
1.2¢ Sentiment: None Disclosure: Held
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