Sakthi Sugars Limited announced that the board of directors of the company at its meeting held on June 28, 2013, has approved the re-designation of Dr. M. Manickam as Executive Vice Chairman. Appointment of Sri M. Balasubramaniam as Managing Director, subject to the approval of members, Central Government and Banks/Financial Institutions; and re-designation of Sri M. Srinivaasan as Joint Managing Director of the company.