Axel Polymers Limited announced that Mr. Jayendra Harshad Desai, Non-executive & Independent Director of the Company, has resigned from the Board of Directors of the Company with effect from the closing hours of March 17, 2020 due to preoccupation with other work. Further, the company announced that Mr. Amitabh Gajendra Thakore, Non executive Independent Director of the Company, will replace Mr. Jayendra Harshad Desai as Member of the Audit Committee, the Nomination & Remuneration Committee and as Chairman of the Stakeholders Relationship Committee of the Company with effect from March 17, 2020.