Sawaca Business Machines has informed that the Board of Directors of the Company at its meeting held on February 10, 2016, has transacted and approved the New Listing Agreement pursuant to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; considered and approved resignation of Kishor Agaja as a Director of the Company; and appointed Satish R. Shah as a Chief Financial Officer (CFO) of the Company.
The above information is a part of company’s filings submitted to BSE.