The board of directors of Parker Agrochem Exports Ltd. has at its Board meeting held on March 31, 2018, approved the appointment of Mr. Jagdish R. Acharya, as an Additional Director and Managing Director both effective March 31, 2018; Mr. Sukhdevbhai R. Acharya ceased to be Chairperson but continue to be Managing Director of the company and Mr. Jagdish R. Acharya has been appointed as Chairperson of the Company; appointed Mrs. Shantaben J. Acharya, as an Additional Director effective March 31, 2018 and accepted the resignation of Mrs. Shilpaben S. Acharya as a Director as well as Whole Time Director effective March 31, 2018. Jagdish R. Acharya has rich experience in various businesses of more than four decades. He has got business acumen with respect to all functional areas of the company.Mrs. Shantaben J. Acharya has experience in the family business with respect to general administration, HR and CSR matters.