Shalimar Wires Industries Limited at its board meeting on 13th August, 2018 approved the appointment of Mr. D. Mitra, Nominee Director, representing Asset Reconstruction Company (India) Ltd. (ARCIL) on the Board of Directors of the company in place of Mr. Manash Chakraborty. Also approved the appointment of Mr. Parmanand Tiwari and Dr. Rajiva as additional independent directors in the Board of Directors of the company in terms of section 149 of the Companies Act, 2013.