Ramky Infrastructure Ltd Executive Chairman and Director, A Ayodhya Rami Reddy, has resigned from his post and is set to join politics.
In a statement, the Hyderabad-based firm said that Mr Reddy had quit with an intention of joining politics.
The company did not provide further details.
The board of directors of the company, in a meeting, decided to appoint Kamlesh Shivji Vikamsey as the non-executive chairman for a period of six months, the firm said in a filing with BSE.
The board has also appointed a selection committee, with Vikamsey as its chairman, for identifying a vice-chairman and managing director for the company.
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