Artheon Finance Ltd. announced that at its board meeting held on February 28, 2013, has appointed Mr. Vinay D. Jain and Mrs. Raina V. Jain as Promoter and Directors of the Company and cessation of Mr. Sushil Kumar Jiwarajka, Mr. Tushar Jiwarajka and Mr. Deba Prasad Roy as Directors of the Company and as per the Scheme of Amalgamation approved under the Order passed by the Hon'ble High Court of Judicature at Bombay. The company appointed Mr. Anil P. Chhabra, as an additional director who will be an Independent and Non-Executive Director of the Company.

The company also announced the change of Registered Address of the company from 201, Sumer Kendra, Pandurang Budhkar Marg, Worli, Mumbai - 400018 to 1st Floor, Neelkanth Apartment, Ramchandra Lane, Malad (W), Mumbai - 400064 as per the Scheme of Amalgamation approved under the Order passed by the Hon'ble High Court of Judicature at Bombay.