Visaka Industries Limited informed that Shri Bhagirat B. Merchant (DIN: 00375025) and Shri V. Pattabhi (DIN: 00200157) are retiring as Independent Directors of the company with effect from the closing hours of 31.03.2021, upon completion of their tenure (second consecutive term of two years from 01.04.2019 to 31.03.2021).