Palco Limited at its board meeting held on March 30, 2017 approved the appointment of Sri. Venkata Reddy Kovvuri as an independent Director (Additional Director) on the Board of the company with effect from March 30, 2017, till the upcoming annual general meeting and appointed Smt. Bhuvaneswari Kovvuri as an Independent Director (additional Director) on the board of the company with effect from March 30, 2017.