Ultramarine & Pigments Ltd. announced that the Board of Directors of the company at its meeting held on March 03, 2015, has approved that Mrs. Indira Sundararajan, re-designated as Vice Chairman and Managing Director of the company effective March 03, 2015 and Ms. Tara Parthasaraty appointed as an additional director and to hold office as Joint Managing Director of the company effective March 03, 2015.