Director Resignation

RNS Number : 5047C

India Capital Growth Fund Limited

29 June 2016

 

29 June 2016

India Capital Growth Fund

(the "Company" or "ICGF")

(a closed-ended investment company incorporated with limited liability under the Laws of Guernsey with registered number 43916)

Board Change

The Company announces that Mr Vikram Kaushik is stepping down from the Board of the Company and will cease to be a Director of the Company with effect from 30 June 2016.

Commenting on this announcement, Fred Carr, the Chairman said:

"We would like to thank Vikram for his thoughtful insight into the Indian economic and political arena and his valued contribution over the last four years. He departs with our sincere gratitude."

Enquiries:

Ocean Dial Asset Management Limited (Investment Manager)

David Cornell

Robin Sellers                 

[phone]

Grant Thornton UK LLP (NOMAD)

Philip Secrett

Jen Clarke        

[phone]

APEX Fund Services (Guernsey) Limited (Administrator)

Stephen Cuddihee         

[phone]

 

END

 

 

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