Ritesh International Ltd. announced that the Board of Directors of the company at its meeting held on May 30, 2016, has approved: the resignation of Mr. Ritesh Arora as Chief Financial Officer of the company with effect from April 01, 2016; appointment of Mr. Devraj Angaria as Chief Financial Officer of the company with effect from April 01, 2016 and the change in designation of Mr. Ritesh Arora from Whole-time Director to Non-Executive Director of the company with effect from April 01, 2016.