Gita Renewable Energy Limited announced that the Board of Directors of the company at its meeting held on March 31, 2015 approved Ms. Saraswathi has been appointed as an additional director of the company with immediate effect. Mr. Ravi Kumar has tendered his resignation of as Chairman and Managing Director of the company due to personal reasons. The Board has accepted the resignation with immediate effect.

Mr. R. Natarajan has been appointed as Chairman and Managing Director of the company with immediate effect. Mr. V. Kumar has been appointed as Chief Financial Officer of the company with immediate effect.