Mangalore Chemicals & Fertilizers Limited announced that with effect from January 1, 2016, Mr. Deepak Anand has stepped down from the office of Managing Director and continues to be non-executive director. Mr. N. Suresh Krishnan has assumed office of Managing Director of the company with effect from January 01, 2016. In view of return on Mr. Akshay Poddar to India, Mr. Naveen Kapoor who was appointed as Alternate Director, has vacated the office pursuant to Section 161(2) of the Companies Act, 2013.