Monnet Ispat and Energy Limited announced resignation of Mr. Sumit Binani as a director on the board of directors of the company and announced appointment of Dhakshana Moorthy Ravichandar, Executive Whole-time director designated as Director, Seshagiri Rao MVS, Non-executive director, Kalpesh Pankaj Kikani, Non-executive director, Nikhil Omprakash Gahrotra, Non-executive director and Sanjay Kumar, Non-executive director as additional directors on the board in its SBM which was held on August 31, 2018.