Orchid Chemicals & Pharmaceuticals has informed that Shri. K. N. Venkatasubramanian, (Non-Executive, Independent Director) has been designated as the Chairman of the Company and consequent to this, Shri K. Raghavendra Rao has been re-designated as the Managing Director of the Company. The above have been approved by the Board at its meeting held on May 12, 2014.
The above information is a part of company’s filings submitted to BSE.