SPEL Semiconductor Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 19, 2014, approved the following:<br/><br/>1. Resignation of Dr. A. Besant C. Raj, Director, with effect from Jun 19, 2014<br/><br/>2. Co-option of Mr. D. Balakrishnan as Additional Director<br/><br/>3. Appointment of Mr. Ar Rm Arun as Advisor of the Company with effect from July 01, 2014.<br/><br/>Board also noted the following :<br/><br/>4. Retirement of Mr. N. Sivashanmugam, Whole Time Director, with effect from July 31, 2014<br/><br/>5. Appointment of Mr. D. Balakrishnan as Chief Executive Officer and Director.
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