Satyam Silk Mills has informed that Nikunj Shah has been appointed as an independent director of the Company with effect from March 31, 2015 in compliance with the provisions of Section 149(1)* and 149(4)* of the Companies Act, 2013 read with Clause 49(II)(A) (1)* and 49(II)(B)* of the Listing Agreement and further K. K. Chitlangia had resigned from the Directorship of Company with effect from March 31, 2015.
The above information is a part of company’s filings submitted to BSE.