Sunil Hitech Engineers Limited at its board meeting held on January 25, 2016, approved that Mr. Ratnakar M. Gutte has opted for retirement from the office of whole-time director-key managerial personnel and chairman of the board of company with effect from the close of working hours of January 25, 2017. He would act as Chief Mentor of the company. The company announced that Mrs. Sudhamati R. Gutte stepped down from the office of whole-time director of the company with effect from January 25, 2017. However, Mrs. Sudhamad R. Gutte will continue to remain on the board as a non-executive director of the company.