PTL Enterprises Limited has informed that the Company have received an order on October 17, 2016 from Govt. of Kerala nominating M. Nazaruddin, Additional Private Secretary to Hon’ble Minister for Industries, Sports and Youth Affairs (Joint Secretary to Govt.), on the Board of the Company in Place of Sri P.H. Kurian. The Change will be effective from October 17, 2016. There is no relationship between M. Nazaruddin and any other Director.