Aditya Birla Money Limited announced that at the board meeting held on May 6, 2016 accepted the resignation of Mr. Srinivas Subudhi from the office of Chief Financial Officer of the Company with effect from March 31, 2016 and approved the appointment of Mr. Tushar Shah as an Additional Director of the Company with effect from May 06, 2016 and also approved the appointment of Ms. Sumathy Ravichandran as the Chief Financial Officer of the Company with effect from May 06, 2016.