Victory Paper and Boards (India) Ltd. at the board meeting held on November 29, 2017 approved the resignations of Directors from Mr. K P Saxon, K P Davis and Mr. T P Geo and approved the appointment of Mr. Venkitanarayanan Kalpathy Lakshminarayanan (DIN 01273573) as Mg. Director for 5 years. Decided to obtain shareholders approval for the appointment of Mr. T M Paulose (DIN 07976751) as an independent director.