Otco International Limited that Mr. Balakrishnan Ramasubramanian was appointed as an Independent Director of the Company for a period of 5 years effective December 17, 2016 and his term would come to end at the close of business hours on December 16, 2021. Further, he informed to the Company that due to his other pre-occupations and priorities, it would not be possible for him to continue as an Independent Director beyond the current term, therefore, he has requested not to consider his re-appointment.
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