Kotak Mahindra Prime has informed that the Company at its Board Meeting held on December 09, 2016 has approved the appointment of Vyomesh Kapasi as Additional Director and Managing Director of the Company with effect from December 09, 2016, under the relevant applicable provisions of the Companies Act 2013 and the Rules made there under. Further, Dipak Gupta has resigned as Director of the Company with effect from December 09, 2016.
The above information is a part of company’s filings submitted to BSE.