International Combustion India Ltd. announced that the Board of Directors of the company at its meeting held on December 24, 2014, has accorded its approval to the retirement of Mr. Suhas Chandra Saha from the position of Vice President (Finance) & Secretary with effect from the close of business on January 31, 2015. The Board has also decided to appoint Mr. Saha as the Company Secretary of the company in whole-time employment on contractual basis with effect from February 01, 2015. As Mr. Saha shall be relieved from the position of Chief Financial Officer of the company with effect from February 01, 2015, the Board has decided to appoint Mr. Asish Kumar Neogi as the Chief Financial Officer of the company with effect from February 01, 2015.

However, Mr. Saha shall continue to function as the Company Secretary and Compliance Officer of the company.