Mumbai: CEO of Automobile manufacturer Hindustan Motors(HM) has put his papers. HM has already informed this to BSE. According to company, Chief Executive Officer Moloy Chowdhury has resigned from the services with effect from close of business hours on June 15, 2015.
Chowdhury had taken over as the CEO of the company on May 10, 2014. While Hindustan Motors is not producing the Ambassador car anymore now. As work at the company’s Uttarpara plant in West Bengal has been suspended since May 24, 2014.