We are pleased to inform you that our Board at its meeting held on today has appointed Dr.S.Anand Reddy, currently Joint Managing Director, as Managing Director and Shri S.Sreekanth Reddy, currently Executive Director, as Joint Managing Director. Both the above appointments are for a period of 3 years commencing from 31st October, 2018 and will be subject to further approval of the shareholders in due course.