Ashapura Minechem has informed that Export-Import Bank of India (EXIM Bank) vide their letter dated December 31, 2013 received by the Company only on January 08, 2014, has withdrawn their Nomination from the Board of Directors of the Company. Accordingly, Rajendra W. Khanna ceases to be the Nominee Director with immediate effect. The company takes on record its appreciation for the valuable guidance tendered by Rajendra W. Khanna, during his tenure as a Nominee Director.
The above information is a part of company’s filings submitted to BSE.
