Transformers and Rectifiers (India) Ltd has informed BSE that the Board of Directors of the Company at its Meeting held on August 08, 2012 has accepted the resignation of Mr. Michael Homawalla as an Independent Director of the Company.
Due to resignation of Mr. Michael Homawalla, The Board of Directors has appointed Mr. Sureshchandra Agarwal as a Chairman of the Audit Committee in place of Mr. Michael Homawalla.