Walchand Peoplefirst has informed that the Board of Directors of the Company at its meeting held on April 27, 2016, has approved the re-appointment of Pallavi Jha, as Managing Director of the Company on revised terms with effect from May 01, 2016 subject to the approval of Members at the forthcoming Annual General Meeting followed by approval of the Central Government, if required; and re-appointment of Sanjay Jha, as Whole Time Director of the Company on revised terms with effect from May 01, 2016 subject to the approval of Members at the forthcoming Annual General Meeting followed by approval of the Central Government, if required.
The above information is a part of company’s filings submitted to BSE.