With effect from November 01, 2013, Shri. Ashwin M. Parekh, Executive Chairman, will be stepping aside from the Executive Chairmanship of Acrysil Ltd. It was decided by the Board to re-designate him as "Chairman Emeritus" of the company and to appoint Shri Chirag A. Parekh as the Chairman & Managing Director of the company, with effect from November 01,2013, subject to approval of members at the ensuing Annual General Meeting of the company. Shri.

Shyam Mariwala was appointed as an Additional Director of the company with effect from July 27, 2013.