Outcome of Board Meeting

• Security Code: 532771
• Company: JHS

JHS Svendgaard Laboratories Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 27, 2016, inter alia, has the following resolutions were passed or the following matters were discussed:

1. Mr. Piyush Goenka Nominee Director of the company has resigned from the Board on October 18, 2016. Board took note of the same and accepted the resignation.

2. Mr. Dhiraj Kumar Jha, has resigned from the company as Company Secretary and Compliance Officer w.e.f. October 22, 2016, which was subject to Board's approval at its meeting held October 27, 2016. Board noted and accepted the same.

3. Ms. Deepshikha Tomar, has been appointed as Company Secretary and Compliance Officer of the Company w.e.f. October 27, 2016.

4. Mr. Neeraj Kumar, Chief Financial Officer of the Company, has resigned w.e.f. October 27, 2016 due to the appointment of new CFO - Mr. Ajay Bansal. Appointment is with effect from October 27, 2016. From now on Mr. Neeraj Kumar will see Finance department of the group companies of JHS Svendgaard Laboratories Limited.

5. Taken note of the name change and conversion of the partnership firm i.e. S.N. Dhawan & Co., Statutory Auditors of the Company, into LLP. Name of Statutory Auditor's firm has been changed from S.N. Dhawan & Co. to S.N. Dhawan & Co. LLP.

6. Approved the transfer of the Unclaimed & Unpaid Dividend Amount for the year 2008-09 to Investor Education & Protection Fund.

7. The Board passed resolution to issue Equity Shares to HT Media Limited on preferential basis subject to member's approval in Extra-ordinary General Meeting to be held in January, 2017.