Change in designation from WTD to director

hi shruti, i have posted ur query on my page wall pls check here

According to me yes

You should take shareholders approval. Reason being WTD is a premium position responsible for major decisions in a company as an executive director. So change in designation should be approved by shareholders.

Do not forget to intimate stock exchange.

Wait for other opinions.

RG

For change in the designation from WTD to Director (Non Executive) no approval from shareholders is required.

However, in case Director is to be changed to WTD, approval of shareholders is required for remuneration.

You have to only pass Board Resolution and re appoint him as a Director as you have mentioned above and file form 32 for change in designation.

Accordingly, intimate the stock exchange.

Dear Sir

Pls mail me resolution format change from  Whole time Director to Director  

Thanks & Regards

V.Amarendra Babu

Hyderabad