Garware Synthetics Appoints New CEO Ujwala Somnath Tate

Garware Synthetics Ltd has promoted Ms. Ujwala Somnath Tate as the Chief Executive Officer with immediate effect. This development comes as a part of the company's attempts to rejuvenate its leadership and achieve growth in the nylon bristles manufacturing business. Garware Synthetics, whose brand name is "GARFLON," seeks to capitalize on Tate's experience to improve its market position and seek new opportunities, such as its recent venture into medical nylon sutures. The move is pending shareholders' approval and represents a milestone in the restructuring of the company.

 

Source: Financial News Reports, Market Updates