Octal Credit Capital Ltd. announced that the Board of Directors of the company at its meeting held on March 29, 2016 have accepted the resignation of Mr. Jhumar Mall Saraogi from the post of Whole Time Director and from the Directorship of the company with effect from March 29, 2016. Further, the company has informed that in the same board meeting Mr. Arihant Patni has been appointed as an Additional Director in the first stance and thereafter as the new Whole time Director of the company with effect from March 29, 2016.