We wish to inform you that board of directors at its meeting approve the appointment of Mr. Akio Fujita as the CMD, M/s J J Gandhi & Co. as the Secretarial Auditor and M/s. Diwanji & Co. as the cost Auditor of the company and also take note of resignation of Mr. Akinori Isomura from the post of CMD.\r\nThe detailed file is attached herewith.