Milgrey Finance & Investments Ltd. has informed that the Board of Directors of the Company at its meeting held on September 24, 2013, has approved the appointment of two Additional Directors namely; Mr. Bhagavati Prasad S. Joshi and Mr. Narendra Sevantilal Sandesra who have given consent to act as directors and appointed Mr. Shyamsunder Harlalka as the Executive Director of the Company looking after the day-to-day affairs of the business of the Company.