Gujarat Foils Ltd. announced at its Board meeting held on July 10, 2012, has appointed Rahul B. Chhajed as an Independent Director on the Board of the company with effect from July 10, 2012. Accepted the Resignation of Mr. Pradeep Jagdish Saxena as Director of the company with effect from July 10, 2012. Accepted the Resignation of Mr. Vijay Chadha as Whole time Director of the company with effect from July 10, 2012.