Balkrishna Industries Limited has accepted the resignation of Shri Dharaprasad R. Poddar, the Chairman from the Board of Directors of the company, with effect from May 30, 2012 and appointed him as Chairman Emeritus. The Board has accepted the resignation of Shri Anurag Poddar, the Executive Director from the Board of Directors of the company, with effect from May 30, 2012. The Board has re-designated Shri Arvind M. Poddar as Chairman & Managing Director on the Board of Directors of the company with effect from May 30, 2012. The Board has appointed Smt Vijaylaxmi Poddar as Executive Director on the Board of Directors of the Company with effect from May 30, 2012.