AB Khare, CMD, Madras Fertilizers Ltd, has taken over the additional charge of Chairman and Managing Director of FACT.

The Fertilizer Ministry removed Jaiveer Srivastava, the present Chairman and Managing Director of FACT, from the post after the Central Bureau of Investigation launched an enquiry in connection with the alleged financial irregularities in the gypsum deal with a Hyderabad based firm.

comment COMMENT NOW