The Board of Directors of Adarsh Mercantile Limited in its meeting held on 31st March 2015, has appointed Mr. Sundar Lai Mohta as an Additional Director in the company till 30th March, 2020, subject To Approve the shareholders in the next Annual General Meeting; appointed Mr. Narayanan Pothera, existing Non-Executive Directors as the Independent Director. The Board further decided that Mr. Gautam Agarwala would continue to be the Non-Executive Director of the company and would be subject to retirement by rotation.