Ucal Fuel Systems Limited announced that the Board of Directors in their meeting held on January 31, 2020 have approved the appointment of Mr. Syed Abdul Hadi as the Chief Executive Officer of the company with effect from February 1, 2020 in place of Mr. P. H. Narayanan. He will be a Key Managerial Personnel under section 203 of the Companies Act, 2013. The Board has also approved the appointment of Mr. Vineet Narang as Senior Vice President - Sales and Marketing of the company with effect from March 1, 2020.

Both the appointments were as per the recommendations of Nomination and Remuneration Committee and Audit Committee in their respective meetings held on the same day.