MPIL Corporation Ltd. announced that the Board of Directors of the company at its meeting held November 13, 2014, has approved the resignation of Ms. Hinal Kothari from the post of Chief Financial Officer (KMP) of the company and she will continue as the Company Secretary and Compliance Officer of the company. The company also approved the resignation of Mr. G. S. Nayak as a Independent Director of the company with effect from November 13, 2014.