Nicco Corp. Ltd. announced that at its meeting held on 31 July 2012 considered the withdrawal of nomination of Rajiv Srivastava, nominee director of Technology Development Board (TDB), from the board of the company with effect from 19 July 2012. Niraj Kela, Nominee Director of TDB, was appointed as an additional director of the company, with effect from 09 July 2012, to hold office until the date of the forthcoming AGM of the company.