Lakshmi Electrical Control Systems Limited announced that the second term of Sri N.Suryakumar for two consecutive years as an Independent Director of the Company expires on August 9, 2021 at end of the business hours. Accordingly, the Board of Directors has taken on record the retirement of Sri. N.Suryakumar as an Independent Director in the Board Meeting held on August 6, 2021. Sri Arjun Balu (DIN: 00383184) was appointed as an Additional Director (Non-executive - Independent) by the Board of Directors of the Company with effect from 28th May 2021, subject to the approval of the shareholders. Accordingly, the shareholders at the 40th Annual General Meeting held on August 6, 2021 approved the appointment of Sri Arjun Balu as Director.