Indo-Malay PLC announced at its AGM was held on August 12, 2020, the shareholders approved the appointment of Mr. H. Selvanathan, Mr. M. Selvanathan as Executive Directors and Mr. I. Paulraj as Non-Executive Director. Mr. D. C. R. Gunawardena, ceased to be the Chairman with effect from August 12, 2020. The company announced that Mr. H. Selvanathan, Executive Director of the company has been appointed as Chairman to the Board of the Company, with effect from August 12, 2020.