The board of directors of Albert David Limited meeting held on March 28, 2018, re-appointed Mr. Arun Kumar Kothari as whole time director and designated him as executive chairman of the company with effect from April 1, 2018, subject to approval by the members of the company in the next AGM. The board also appointed Dr. Tarminder Singh Parmar, currently functioning as chief executive officer of the company, as an additional director (executive) and designated him as managing director and CEO of the company with effect from April 1, 2018 subject to approval by the members of the company in the next AGM. The board also approved the retirement of Mr. H.P. Kabra, executive director of the company on expiry of his tenure on March 31, 2018.