Nelco has informed that upon reaching the age of superannuation on June 12, 2012, K. A. Mahashur has ceased to be a director and executive director of the company at the close of business hours on June 12, 2012.
Further, the board at its meeting held on June 11, 2012, has appointed P. J. Nath as director and designated as “Executive Director and Chief Executive Officer’ of the company with effect from June 13, 2012.
The above information is a part of company's filings submitted to BSE..