Monsanto India Limited has announced that Mr. Amitabh Jaipuria has tendered resignation as the Managing Director and Director of the company with effect from the close of business hours of February 28, 2013. The Board of Directors of the company has passed a resolution appointing Mr. Gyanendra Shukla as the Managing Director of MIL for a period of three years with effect from March 01, 2013, subject to approval from the shareholders of the company.