Cochin Malabar Estates & Industries Ltd. announced that a meeting of the Board of Directors of the company was held on October 7, 2013, to transact the withdrawal of Nominee Directors by M/s. Joonktollee Tea & Industries Ltd. from the Board of the company. The Board noted the withdrawal of Nominee Directors namely, Shri Hemant Bangur, Shri K. C. Mohta and Shri B. L. Dhanuka by M/s. Joonktollee Tea & Industries Ltd. from the Board of the company and thereby recorded the cessation of directorship in respect of the aforesaid persons. The Board also considered and approved the appointment of Shri C. P. Sharma as additional director; and Shri M. L. Sharma and Shri R.K. Gupta as directors appointed in the casual vacancy caused by the resignation of Shri Hemant Bangur and Shri K.C. Mohta with effect from October 7, 2013.