Visa Steel has informed that the term of Basudeo Prasad Modi as deputy managing director expired on March 31, 2012 and he has vide letter dated March 31, 2012 expressed his desire not to seek re-appointment as the deputy managing director of the company. He has also tendered his resignation as director of the company with effect from the close of business hours on March 31, 2012.
The above information is part of company’s filing submitted to the BSE.
