Tanfac Industries Managing Director resigns

With effect from 28 November 2016

Tanfac Industries announced that Lalit Naik, Managing Director of the Company has tendered his resignation as Managing Director of the Company and also on the Board with effect from 28 November 2016, on personal grounds, which has already been circulated to the Board of Directors of the Company.

His resignation as Managing Director of the Company and also as Director on the Board will be considered at the next Board Meeting in which inter alia Unaudited Financial Results for the third quarter ended 31 December 2016 are approved.

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