LG Balakrishnan & Bros Ltd has informed that the Board of Directors of the Company at its meeting held on October 15, 2008, inter alia, has approved the following:
1. Sri. L G Varadarajulu, Director of the Company has tendered his resignation from his position of Director of the Company, and his resignation was accepted w.e.f. October 15, 2008.
2. Sri. B Vijayakumar, Managing Director was designated as Chairman of the Board of the Company with effect from October 15, 2008 apart from his Managing Directorship.
1. Sri. L G Varadarajulu, Director of the Company has tendered his resignation from his position of Director of the Company, and his resignation was accepted w.e.f. October 15, 2008.
2. Sri. B Vijayakumar, Managing Director was designated as Chairman of the Board of the Company with effect from October 15, 2008 apart from his Managing Directorship.
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