Cals Refineries Limited Announces Resignation of Sameer Rajpal, Independent Director

Cals Refineries Limited is an India-based oil refining and petrochemical company. The Company is involved in the process of implementing a refinery project at Haldia, West Bengal, India with a capacity of 200,000 barrels per stream day (BPSD) (approximately 10 million metric tons per annum (MTPA)). The Company's refinery will have the capability to process Arab Heavy and Arab Medium Crude in a mix of 50:50. The refinery will be configured to produce Euro III/Euro IV quality fuel, and will also have Propylene and Benzene units.