Hercules Hoists Limited announced that Vinaya Mehrotra and Mukul Upadhyaya shall cease to be independent directors of the company, effective March 31, 2019. Shri Naresh Chandra, Shri Kishorilal Jhunjhunwala and Shri Klaus C. Uebel shall step down as non-executive directors of the company, effective March 31, 2019. The company also announced that Shri Darius Jehangir Kakalia shall cease to be non-executive director of the company, effective March 31, 2019.