Jainco Projects India Ltd. announced that the Board of Directors of the company at its meeting held on September 3, 2013, approved Shri. Sumit Bhansali be appointed as Managing Director with effect from October 1, 2013 for a period of 5 years, Shri. Nilesh Chopra resigned from the Board with effect from September 3, 2013 and Shri.

Saibal Mondal is appointed as an Independent Director with effect from September 3, 2013.