Nicco Parks & Resorts Limited informed that Ms. Mamata Binani, non-executive, non-independent director (Nominee of Nicco Corporation Ltd-In Liquidation), has ceased to be director of the company with effect from October 17, 2020. It is further informed that the Company has also received nomination in respect of Ms. Banusri Velpandian (DIN: 06692567) in place of Ms. Binani and the same will be placed before the Board at its upcoming meeting.