Outcome of Board Meeting

• Security Code: 590031
• Company: DENORA

De Nora India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 19, 2015, inter alia, has approved the following:

1. Change in Company’s Directorate:-

- Mr. Ravi Menezes resigned from the directorship of the Company with effect from November 27, 2014.
- Mr. Premal Kapadia resigned from the directorship of the Company with effect from December 12, 2014.
- Mr. Ramesh V. N. P. R. Sardessai, Independent Director expired on December 18, 2014.
- Mr. Angelo Ferrari is appointed as the Additional Director of the Company with effect from February 19, 2015.
- Mr. M. A. Sundaram, the Independent Director is appointed as the Chairman of the Board of Directors of the Company with effect from February 19, 2015.

2. Reconstitution of the Members of the Board and Committees due to change in the Company’s Directorate:-

- Reconstitution of the Stakeholder’s Relationship Committee

The members of the Committee are as follows:
i. Mr. M. A. Sundaram - Chairman
ii. Mrs. Sarita D’Souza
iii. Mr. Vinay Chopra

- Reconstitution of the Remuneration Committee

The members of the Committee are as follows:
i. Mrs. Sarita D’Souza - Chairman
ii. Mr. M. A. Sundaram
iii. Mr. Robert Scannell

- Reconstitution of the Audit Committee

The members of the Committee are as follows:
i. Mr. M. A. Sundaram - Chairman
ii. Mr. Sarita D’Souza
iii. Mr. Robert Scannell

Ms. Jyoti Bandodkar, Company Secretary shall act as the secretary to the Committee.

- Reconstitution of the Board of Directors

The members of the Board are as follows:
i. Mr. M. A Sundaram - Chairman
ii. Mr. Vinay Chopra - Manager
iii. Mr. Robert Scannell
iv. Mr. Angelo Ferrari
v. Mr. Krishan Khanna
vi. Mrs. Sarita D’Souza

3. Change in the Financial Year of the Company:-

The Board has decided to change its financial from January - December to April - March with effect from January 01, 2015. Accordingly, the Company’s current financial year would be for a period of 15 months i.e. from January 01, 2015 till March 31, 2016.