Richa Industries Limited at its board meeting held on June 30, 2017, noted the resignation of Mr. Sushil Gupta, Chairman cum director who will abdicate from the position of director and move away from the active participation in the day to day functioning of the company. He will continue to provide high level support in the capacity of Chairman Emeritus. The board also re-designated Mr. Manish Gupta as an Executive Director of the company with effect from June 30, 2017.