Aarti Drugs Ltd has informed BSE that the following changes have been effected /approved at the meeting of the Board of Directors held on April 04, 2014:<br/><br/>1. Shri Rajendra V. Gogri, Chairman has resigned as the Chairman of the Company. He, however, continues as the Director of the Company;<br/><br/>2. Shri Prakash M. Patil, Managing Director (MD) has been appointed as the Chairman of the Company; and<br/><br/>3. Shri Sunil M. Dedhia, Independent Director of the Company has resigned with effect from April 01, 2014 in view of recently notified Section 149 of Companies Act, 2013 specifying inter alia criteria for an Independent Director.
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