Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company in their meeting held on August 31, 2017, have considered the following:
1.Cessation of term of Mr. Thomas Albanese Whole-Time Director and Chief Executive Officer w.e.f. August 31, 2017;
2.Appointment of Mr. Kuldip Kaura as the Interim Chief Executive Officer w.e.f. September 1, 2017.
Enclosed herewith is the announcement being issued in this regard for your information. We request you to kindly take the above on record as per the provisions of the Listing Regulations.