Natco Economicals Limited announced that at its board of directors meeting held on August 22, 2016 approved the appointment of Mr. Ashish Pandya as a Whole Time Director of the company with effect from September 1, 2016 for the period of Three (3) Years from September 1, 2016 to 31st August, 2019 (subject To Approve the Shareholders at ensuing Annual General Meeting) and resignation of Mr. Haresh Patel as Whole Time Director of the Company with effect from September 1, 2016.