Monnet Ispat & Energy has informed that K. K. Khanna, executive director, whose term was due to expire on October 30, 2012, has resigned from the directorship due to his personal commitments with effect from August 13, 2012.
Further, N. C. Jha, who had joined as CEO, Mining Business with effect from May 10, 2012 has been co-opted as a member of the board. Since he is in full time employment, he will be treated as whole- time director of the company, and the appointment shall be with effect from August 14, 2012.
The above information is a part of company's filings submitted to BSE.