DEMPO Group Chairman Shrinivas V Dempo has been appointed as Additional Director (Non- Executive, Independent) of Automobile Corporation of Goa Ltd (ACGL), the first major engineering unit to be set up in Goa, jointly promoted in 1980 by Tata Motors Ltd (formerly known as Tata Engineering & Locomotive Co. Ltd), the largest automobile manufacturer in the country, and EDC Ltd (formerly known as Economic Development Corporation of Goa, Daman & Diu Ltd).The appointment to the Board of ACGL took effect from 12th September, 2015.
The Company is listed on The Stock Exchange, Mumbai. In their communication to DEMPO, the Board of Directors of the professionally-managed manufacturer of sheet metal components, assemblies and bus coaches, expressed their pleasure at the appointment. A fitting honour to the House of Dempo and its Chief!