PAL Credit & Capital has informed that at the Meeting of the Board of Directors held on March 30, 2015, the Board noted the sad demise of M. D. Adhikari, director of the Company. Further, Board has inducted Shrimati Urmila Nagarkar, as a Director on the Board of the Company in the causal vacancy caused by the demise of M. D. Adhikari at the same meeting.
The above information is a part of company’s filings submitted to BSE.