Rane Holdings has informed that the Board of Directors of the Company at its meeting held on March 26, 2014, has approved re-appointment of L. Lakshman as ?Managing Director? in the designation of Executive Chairman and L. Ganesh as ?Joint Managing Director? in the designation of Vice-Chairman within the meaning of Section 2(54) of the Companies Act, 2013, for a period of three years with effect from April 01, 2014 to March 31, 2017, subject to approval of the shareholders.
The above information is a part of company’s filings submitted to BSE.