Fame India Ltd has appointed Future Group Chairman Kishore Biyani as an independent director on the board of the company. The board has also approved the appointment of Pavan Jain and Deepak Asher as directors of the company. Further, it would also take note of the resignation of Balkrishna Shroff from directorship.

In February, INOX Leisure had announced acquisition of a 43.28 per cent stake in Fame India, besides making an open offer for an additional 20 per cent stake. Countering the bid by rival Inox Leisure, the three firms announced an open offer for a 52.48 per cent stake in Fame at Rs 83 per share.

Post the above appointments and resignation, the strength of the board of directors of the company is nine, out of which five are independent directors.