Eastern Gases has informed that the Board of Directors of the company at its meeting held on September 03, 2013 has transacted that Sushil Kumar Bhansali be appointed as Managing Director w.e.f. October 01, 2013 for a period of 5 years and as per the section 293(1) (d) of the companies Act, 1956 the company will increase its present borrowing limits.
The above information is a part of company’s filings submitted to BSE.