With effect from 01 December 2016Mercator announced that -
1. Prem Rajani has been appointed as (Additional) Independent and Non-Executive Director of the Company for period of 5 years w.e.f 01 December 2016.
2. K. R. Bharat has resigned from the Directorship of the Company w.e.f closure of Business hours of 30 November 2016.
The Board of Directors of the Company accepted and approved the aforesaid appointment and resignation of Directors through Circular Resolution passed on 01 December 2016.
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