The board of directors of Rane Brake Lining Limited at their meeting held on April 13, 2018 have approved: Change in nomination by M/s. Nisshinbho Holdings Inc., Japan (NISH) as withdrawal of nomination of directorship of Mr. Kazuhiro lwata and appointment of Mr. Yasuji lshii, as nominee director. Yasuji lshii presently holds various leadership positions in NISH Group viz., President of Nissh¡nbo Brake lnc. and Chairman of TMD Friction Grouo S,A.