Sungold Capital announced that the board of directors of the company at its meeting held on October 30, 2015, has considered and approved the resignation of Harish Laddha and Anoma Contractor from the post of director with effect from October 30, 2015 due to his preoccupied schedule and Sharad Gandhi, retires from the post of director, due to his ill health. Sharad Gandhi has served the company for more than two decades.