Swelect Energy Systems Limited in its board meeting held on July 23, 2018, appointed Mr. S. Krishnan, as an Independent Director on the Board of the Company in place of Mr. V.M. Sivasubramaniam, Independent Director who vacated his office on April 26, 2018. Mr. S. Krishnan, shall hold office as an Independent Director of the Company till 31st March 2019, being the expiry of term of office of Mr. V.M. Sivasubramaniam.