Nicco Corp. Ltd. at its board meeting held on November 12, 2015, approved the resignation of Mr. Niraj Kela, nominee director of TDB with effect from September 16, 2015 pursuant to his tenure in TDB as director (F&A) having coming to an end on September 16, 2015. The board noted that Dr. Dilip Kumar Datta has unfortunately vacated his office as on independent director of the company with effect from November 12, 2015.