Cals Refineries Limited announced that at its board meeting held on October 16, 2017 approved the appointment of Mr. Gagan Singhal as the Managing Director of the company, subject to the approval of shareholder in the upcoming general meeting. He is further appointed as chairman of the board. The board has also appointed Mrs. Mansi Arora as an independent director in non-executive independent category with effect from October 10, 2017.

Mr. Deep Kumar, Whole time director has resigned from the board due to health concern for past few months. Mr. Pranav Kumar, non-executive independent director has resigned from the board due to his occupation and inability to devote time.