The Shivalik Rasayan Limited board of directors of meeting held on March 5, 2018, approved the appointment of Dr. Akshay Kant Chaturvedi as executive director and Mr. Sanjay Bansal as director on the board of the company. The board also approved the resignation of Mr. Rajiv Mehta from directorship of the company. Dr. Akshay Kant Chaturvedi appointment effective from March 30, 2018 upto the date of the upcoming AGM of the company. He has rich experience in working with renowned pharma companies. Mr. Sanjay Bansal appointment is effective from March 5, 2018 upto the date of the upcoming AGM of the company. He has an experience of more than 27 years in the field of finance, investments, taxation and international trade.