KBS India Limited at its board meeting held on November 30, 2017 approved and accepted the resignation of Mr. Chandrakant Lodaya from the post of Chief Financial Officer with effect from the close of working hours of November 30, 2017 in order to alleviate as non executive director. Upon recommendation of nomination and remuneration committee appointed Chandrakant Lodaya as additional director with effect from December 1, 2017.