Lakshmi Electrical Control Systems Ltd. has informed that Sri. R. Venkatrangappan, Chairman has relinquished his positions both as Chairman of the Board of Directors and Director of the company effective from the close of the business hours on October 26, 2012 in order to make room for the younger generation to takeover the reigns of the company for its future advancement and prosperity. The Board of Directors of the company at their meeting held on October 26, 2012 has accepted the same.