Khandwala Securities Limited announced that at the board meeting held on February 11, 2020, approved resignation of Mrs. Bhagyashree Khandwala as Chief Financial Officer (CFO) of the Company, appointment of Bhagyashree Khandwala as Non-Executive Director of the Company, appointment of Mr. Pranav Khandwala as Chief Financial Officer (CFO) of the Company and Change in designation of Mr. Pranav Khandwala as a Whole-time Director of the Company for a term of 5 years, subject to the approval of the Members of the Company. The board appointed Mr. Homiar N. Vakil as Chairman of Audit Committee, Mr. Rohitasava Chand and Mrs. Bhagyashree Khandwala as Members of Audit Committee. Mr. Rohitasava Chand is appointed as Chairman of Nomination & Remuneration Committee, Mr. Homiar N. Vakil and Mrs. Bhagyashree Khandwala as members of Nomination & Remuneration Committee of the company.