Gillanders Arbuthnot and Company Limited announced that the board of directors of the company at its meeting held on February 14, 2012, the decisions have been taken acceptance of resignation of Mr. Subroto Lahiri from the Board and the Audit Committee of the company with immediate effect; Mr. Amitava Mallick will cease to be a Director of the company on expiry of his present term on close of business hours on March 31, 2012.