The meeting of the board of directors of Adi Finechem Limited held on March 5, 2016, has accepted the letter dated March 5, 2016, of Shri Bimal D. Parikh, Executive Director informing the board about relinquishment of his executive responsibilities with immediate effect and offering to continue to serve as a director in non-executive capacity. The company also accepted the letter dated March 5, 2016, of Shri Hemant N. Shah, Whole time Director informing the board about relinquishment of his executive responsibilities with immediate effect and offering to continue to serve as a director in non-executive capacity.