Madhusudan Securities Ltd. announced that the Board of Directors of the company at its meeting held on April 21, 2015 appointed new Promoter Directors, Mr. Salim Pyarali Govani and Ms. Sausan Bukhari for the company who has given their consent with immediate effect. Mr. Madhusudan Reddy, Outgoing Promoter Director of the company has tendered his resignation which is accepted but he will be continuing till the ensuing annual general meeting.