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Three directors has been appointed by Titan including its Managing Director Bhaskar Bhat on the board of its new joint venture (JV) with Maison Montblanc that will carry out single brand retail trading of Montblanc’s products in India.
The other two directors are S Ravi Kant,Titan Co-CEO of Watches and Accessories Division and Independent Director Ireen Vittal.
The company said in a BSE filing that the appointment is as per the agreement between the two partners, under which Titan has the right to appoint three out of six directors.
