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:
1. Resignation of Dr. A. Besant C. Raj, Director, with effect from Jun 19, 2014
2. Co-option of Mr. D. Balakrishnan as Additional Director
3. Appointment of Mr. Ar Rm Arun as Advisor of the Company with effect from July 01, 2014.
Board also noted the following :
4. Retirement of Mr. N. Sivashanmugam, Whole Time Director, with effect from July 31, 2014
5. Appointment of Mr. D. Balakrishnan as Chief Executive Officer and Director.
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