Tricom India Ltd. announced that at the SBM held on October 16, 2012, the board of directors approved resignation of Mr. Vijay Bhatia, as an Independent Director of the company with effect from September 04, 2012; Mr. Baldev Boolani step down from chairmanship of the Board and will continue to be as an independent director of the Company with immediate effect; and Mr. Chetan Kothari is appointed as chairman of the Board and he will be designated as Chairman and Managing Director of the company with immediate effect.