Bodal Chemicals Ltd. at its board meeting held on March 30, 2013, approved the appointment of Mr. Mayur Padhya as Chief Financial Officer (CFO) of the company with effect from April 1, 2013. The board of directors has accepted resignation of Mr. Prakash B. Patel as Director (Independent) of the company with effect from March 26, 2013. The board also announced that Mr. Bhavin S. Patel, Executive Director (Promoter Group) has been inducted, in place of Mr. Prakash B. Patel, as member in Audit Committee and Shareholders' Grievances Committee.

Mr. Sunil K. Mehta, Director (Independent) has been inducted, in place of Mr. Prakash B. Patel, as member in Remuneration Committee. The board of directors has reconstituted all three committees due to resignation of Mr. Prakash B. Patel as Director of the company.