Jindal Drilling & Industries Ltd. announced that Mr. Raghav Jindal has ceased be the Managing Director of the company on December 31, 2016 on the expiry of his term. However, he will continue as Non-Executive Director of the company. Further Mr. Hemant Kumar Khanna who has assumed office as Whole Time Director of the company with effect from January 01, 2017, has also been designated as Key Managerial person in the category of Whole Time Director of the company and his appointment as Key Managerial person in the category of Chief Executive Officer has been automatically ceased.