Outcome of Board Meeting


The Board of Directors of the Company at its meeting held on 28th May, 2015, discussed and approved the following matters:
1. Appointment of Mr. Siddharth Y. Kusumgar (DIN 01676799) as an Additional Independent Director & also inducted him as a member of Audit Committee.

2. Audited Financial Results for the quarter and year ended 31st March, 2015. The Audit Committee of the Company earlier had also reviewed the aforesaid accounts.

3. Formulated and adopted ‘Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information’ (Code of Fair Disclosure) of the Company (under Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015).

4. Formulated and approved ‘Code of Conduct for Prohibition of Insider Trading’ (Code of Conduct) of the Company (under Regulation 9 of SEBI (Prohibition of Insider Trading) Regulations, 2015).