Standard Industries Limited announced that the Board of Directors of the company at its meeting held on October 30, 2013, have appointed Mr. Shobhan Diwanji as Independent Director of the company, with effect from October 30, 2013, in the casual vacancy caused by the demise of Mr. V. C. Vaidya, Independent Director of the company, to hold office for the remainder tenure of late Mr. V. C. Vaidya.