Ashiana Housing Ltd. announced that Mr. Lalit Kumar Chhawchharia, one of the Non-Executive and Independent Directors of the Company, has stepped down from the Board of directors of the Company with effect from November 11, 2014. Further the company has informed that, the Company continues to comply with the requirements of minimum number of non-executive & independent directors on its Board even after the resignation of Mr. Lalit Kumar Chhawchharia.