Sub: Notice Of Board Meeting We Would Like To Inform You That The Meeting Of The Board Of Directors Of The Company Is Scheduled To Be Held On Tuesday, May 30, 2017, Inter-Alia

• Security Code: 532873
• Company: HDIL

to consider and approve Audited Financial Results of the Company for the Fourth quarter and financial year ended as on March 31, 2017; to consider and approve Audited Consolidated Financial Results of the Company and its subsidiaries for the Fourth quarter and financial year ended as on March 31, 2017; To consider and approve Issue of Warrants on Preferential Basis to Promoter of the Company and to consider and approve fund raising programme of the Company. This communication is to be considered as intimation under Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. In terms of the Code of Internal Procedures and Conduct for Regulating, Monitoring and Reporting of Trading by Insiders of the Company, the Trading Window shall remain close from May 23, 2017 to June 1, 2017 (both days inclusive).