Outcome of Board Meeting

• Security Code: 533506
• Company: INVENTURE

Inventure Growth & Securities Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 28, 2014, inter alia, has transacted the following:

1. Considered and approved the change in name of the Remuneration Committee to Nomination & Remuneration of the Company and reconstituted the same.

2. Considered and approved the change in name of the Shareholders Grievances Committee to Stakeholders Relationship Committee of the company and reconstituted the same.

3. Considered and approved the appointment of Mr. Kamlesh S. Limbachiya as whole time Director of the Company as per recommendation of Nomination & Remuneration Committee.

4. Considered and approved the appointment of Mr. Nagji Rita being Chairman & Managing Director as Key Managerial Person of the Company as provided in Section 203 of Companies Act 2013.

5. Considered and approved the appointment of Mrs. Bhavi R. Gandhi, being Company Secretary as Key Managerial Person of the Company as provided in Section 203 of Companies Act 2013.

6. Considered and approved the appointment of Mr. Bharat Shah as an Independent Director of the Company for a term of 5 years w.e.f. May 28, 2014 as per section 149 of the Companies Act, 2013, subject to approval of members in ensuing Annual General Meeting of the Company.

7. Considered and approved the appointment of Mr. Ajay Khera, and as Independent Directors of the Company for term of 5 Years w.e.f. April 01, 2014 as per section 149 of the Companies Act, 2013, subject to approval of members in ensuing Annual General Meeting of the Company.

8. Considered and approved the appointment of Mr. Deepak M. Vaishnav as Independent Directors of the Company for term of 5 Years w.e.f. April 01, 2014 as per section 149 of the Companies Act,2013, subject to approval of members in ensuing Annual General Meeting of the Company.

9. Considered and approved the appointment of Mr. Dilip C. Shah as Independent Directors of the Company for term of 5 Years w.e.f. April 01, 2014 as per section 149 of the Companies Act,2013, subject to approval of members in ensuing Annual General Meeting of the Company.