Madhucon Projects has informed that the board of directors of the company at its meeting held on November 14, 2012, recommendation of remuneration committee appointed Kamma Srinivasa Rao, non-executive director as director (Technical)/ whole-time director of the company with effect from November 15, 2012, subject to concurrence of shareholders and approval of Central Government under the applicable provisions of the Companies Act, 1956.
The above information is a part of company's filings submitted to BSE.