Indrayani Biotech Limited announced that at the board meeting held on September 19, 2018, approved: resignation of Mr. Sanjay Popatlal Kaswa as Chairman and Independent Director of the Board of the company with effect from 19 September 2018; resignation of Mr. Ruchir Prakash Bang as Director of the company with effect from 19 September 2018; resignation of Mr. Umesh Lahoti as Director of the company with effect from 19 September 2018; resignation of Mr. Prakash Ramchandra Bang as Managing Director and Director of the company with effect from 19 September 2018.