The board of directors of Lanco Industries Ltd has appointed G Maruthi Rao, Director, as the Chairman of the board of directors of the company at is meeting held on September 27, 2014.

This was informed by the Hyderabad-based company to the Bombay Stock Exchange on Saturday.

Further, Andhra Pradesh Industrial Development Corporation Ltd has withdrawn its nominee-director Anita Rajendra, IAS, from the board of directors of the company with effect from October 16, 2014, it said.

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