Board Meeting-Outcome of Board Meeting

• Security Code: 500870
• Company: CASTROLIND

This is to inform you that the Board of Directors, at its meeting held today, i.e. on 3 May 2018, has inter-alia:
i)considered and approved the Un-Audited Financial Results of the Company for the first quarter ended 31 March 2018;
ii)re-appointed Ms. Rashmi Joshi (DIN: 06641898) as a Wholetime Director and Chief Financial Officer of the Company for a period of 5 years with effect from 1 August 2018; (She is not related to any Director of the Company)
iii)Appointed Mr. Siddharth Shetty, Managing Counsel as a Key Managerial Personnel of the Company for a period of 3 years with effect from 3 May 2018; (He is not related to any Director of the Company).
iv)Appointed CDSL as the designated agency for monitoring of foreign investment limits in Indian companies, pursuant to SEBI's Circular dated IMD/FPIC/CIR/P/2018/61, dated April 05, 2018.