Infronics Systems has informed that the Board of Directors of the Company at its meeting held on May 05, 2015, has considered and approved the retirement of K Sambasiva Rao as Managing Director since his term of appointment expired and expressed unwillingness for renewal of his term, Appointment of M Madhusudan Raju as Managing Director and reviewed the operations of the Company
The above information is a part of company’s filings submitted to BSE.