Kumar Jayant, nominee director of Tamil Nadu Industrial Development Corporation (TIDCO), has resigned as an additional director from the board of Titan Industries, a joint venture between Tata group and TIDCO, the company said in a filing to the Bombay Stock Exchange.
TIDCO is a governmental agency in Tamil Nadu, responsible for the development of industries by formulating policies that help industry growth, and also by establishing industrial estates.
Titan Industries is a manufacturing company that produces wide range of personal accessories – watches, jewellery, sunglasses and prescription eye wear.
—IndiaRetailing Bureau
