Smiths & Founders (India) Limited announced that in super cessation of the appointment of Mr. Ravi.V, as the Chief Financial Officer and Company Secretary of the company, at the Meeting of the Board of Directors of the company, held on 13 April, 2019, approved the appointment of Mr. Sadaanand S Zuti, as the Chief Financial Officer of the company & a Key Management Personnel, with effect from April 1, 2019. The company accepted the resignation of Mr. Umesh Shastry and Mr. Sathish Shastry, Executive Directors from the Board of Directors of the company, with effect from April 1, 2019. The company also approved the appointment of Mrs. Shailaja Suresh, as an Additional Non- Executive Director, on the board of directors of the company, with effect from April 01, 2019.

The company also accepted the resignation of Mr. V. Parthasarathy an independent director, as the chairman of the nomination and remuneration committee of the company, with effect from April 1, 2019. Mr. V. Parthasarathy will continue as a member of the committee. The company approved the appointment of Mr. Sudhindra N. Kalghatgi, independent director, as chairman of nomination and remuneration committee, of the board of director of the company with effect from April 1, 2019.

The company also accepted the resignation of Mr. Suresh Shastry from nomination and remuneration committee, with effect from April 1, 2019. The company approved the appointment of Mrs. Shailja Suresh, non-executive director, as a member of nomination and remuneration committee, of the board of directors of the company, with effective from April 01, 2019.