Sephaku Holdings Limited advised that Mr. PM Makwana has resigned from his position as independent non-executive director and member of the Audit and Risk Committee with effect from 1 October 2018. Mr. Makwana's resignation follows an appointment as a non-executive director and chairperson of another board which will require a significant proportion of his time. Mr. Makwana was a board member for five years and nine months during which he brought a wealth of experience to the benefit of the company.