Palco Metals Limited at its board meeting held on August 14, 2018 approved the appointment of Mr. Kirankumar Babulal Agrawal as the Managing Director of the company for a period of Three years with effect from August 14, 2018 up to August 13, 2021 subject to approval of members at the upcoming Annual General Meeting of the company. The company also approved Change in Designation of Mr. Kanaiyalal Babulal Agrawal as the Director of the company with effect from September 1, 2018.