The board of KSL and Industries Ltd. in its meeting on April 28, 2012 has accepted the resignation of Saurabh Tayal from the post of director with effect from March 22, 2012. The board has accepted the resignation of Ajay Ramesh Gupta from the post of managing director of the company and he shall continue as non-executive director of the company. The board has appointed M K Sharma as director as well as managing director of the company.