Adani Ports and Special Economic Zone has informed that the board of directors of the company at its meeting held on June 25, 2012 had approved the re-appointment of Gautam S. Adani as a managing director of the company for a further period of 5 years with effect from July 01, 2012 and the re-appointment of Rajeeva Ranjan Sinha as a whole time director of the company for a further period of 5 years with effect from October 12, 2012, subject to the approval of members.
Further, the board takes on record resignation of K. N. Venkatasubramanian, as director of the company with effect from June 26, 2012.
The above information is a part of company's filings submitted to BSE.