Pursuant Regulation 68 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, Vimta Labs has informed that Dr S P Vasireddi, the Executive Chairman has conveyed his intention not to continue as Whole-time Director on attaining the age of 70 years on July 01, 2018. Accordingly, on the recommendations of Nomination & Remuneration Committee, the Board at its meeting held on June 30, 2018 has appointed him as Non-Executive Director & Chairman of the Board and the Company with effect from July 01, 2018, subject to approval of the members.
The above information is a part of company’s filings submitted to BSE.
