Damodar Industries Ltd. has reported that the board of directors of the company at its meeting held on February 13, 2015, has transacted the following business: Mr. Raghavan Srinivas has been appointed as an Additional (Independent) Director of the company with effect from February 13, 2015 subject to shareholders' approval. Mr. Nirbhay R. Bora has been appointed as Chief Financial Officer of the Company with effect from February 02, 2015 and approved resignation of Mr. Suresh C. Gattani from the position of Chief Financial Officer of the Company with effect from February 02, 2015.