Euro Multivision has informed that the board of directors of the company at its meeting held on August 13, 2012, has accepted resignation of Hitesh Shah as chairman & managing director of the company with effect from August 14, 2012.
Further, the board appointed Rajababu Kane as whole-time director of the company with effect from August 14, 2012, for a period of five years and recommended the appointment of M/s. S. H. Bathiya & Associates, Chartered Accountants, Mumbai, as a statutory auditor of the company in place of retiring auditor.
The above information is a part of company's filings submitted to BSE.