Uni Abex Alloy Products Ltd. announced that the Board of Directors of the company at its meeting held on August 13, 2014, has re-designated Mr. J. D. Divekar, GM-Finance as the Chief Financial Officer of the company as required under the provisions of Section 203 of the Companies Act, 2013 and the rules made there under; as recommended by the audit committee and the nomination and remuneration committee.