Asahi Industries Ltd. has informed that the board of directors of the company at its meeting held on November 27, 2015, has noted the resignation of Mr. Manojkumar Ramji Sharma as a Director of the Company effective from November 10, 2015; Noted the resignation of Mr. Narayan Ghumatkar as a Managing Director of the company effective from November 27, 2015; appointed Mr. Shiv Prasad Yadav as an independent additional director of the company effective from November 27, 2015 and appointed Mr. Mahavir Dixit as an Executive Additional Director of the company effective from November 27, 2015.