AGC Networks Limited announced that the board of directors of the company at its meeting held on January 17, 2019, appointed Mr. Naresh Kothari as non-executive additional director on the board of the company and accepted the resignation of Mr. Kaustubh Sonalkar from the directorship of the company with effect from January 17, 2019. Mr. Naresh is a seasoned Indian financial services professional with over 23 years of experience in business building and capital markets.