SBEC Sugar Limited announced that the Board of Directors of the Company on its meeting held on February 13, 2019, has considered and approved the following resolution: Mr. Abhishek Modi, Whole Time Director informed his unwillingness to continue as Whole-Time Director due to his busy schedule and commitments on other domestic/overseas function, the Board of Directors of the Company at their meeting held on February 13, 2019 accepted his letter of request for change in designation. He will however continue to hold office as Non-Executive Director of the Company, whose period of office shall be liable to retire by rotation.