Fomento Resorts & Hotels has informed that Voicunta Srinivas Poi Raikar, Independent Director has submitted his resignation to the Board of Directors, as a Director of the Company vide his letter dated May 24, 2016 due to ill health which was received by the Company on May 28, 2016. The Board of Directors of the Company has taken on record the resignation of Voicunta Srinivas Poi Raikar as a Director at their meeting held on May 30, 2016 which shall be effective from May 28, 2016.
The above information is a part of company’s filings submitted to BSE.