NAND Nandan Cleantec

TIDMNAND

RNS Number : 7559U

Nandan Cleantec plc

29 December 2011

Nandan Cleantec plc

Resignation of Chief Financial Officer

Nandan Cleantec plc ("Nandan" or the "Company"), a scaled vertically integrated biofuel producer, announces that the Chief Financial Officer, Kurt Metzger, who is not a board member will leave the Company on the 31 December 2011 as his location in Singapore has made his role challenging given the businesses principal locations are in Hyderabad, India and London.

The Company is currently in the process of appointing a replacement Chief Financial Officer and intends to make an announcement in due course. Nandan's Finance and Administration Director, Phaneesh Mudigonda, remains in charge of the finance function.

Srinivas Prasad Moturi, Executive Chairman, said:

"The Board thanks Kurt for his short period of time with the Company and in particular during the IPO process."

For further information:

Nandan Cleantec plc

   Srinivas Prasad Moturi                                   Tel: +91 40 6550 7799 

Arden Partners plc

   Steve Douglas / Jamie Cameron                    Tel: 020 7614 5917 

FTI Consulting

Matt Dixon

   Emma Appleton                                            Tel: 020 7831 3113 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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