Board Meeting-Outcome of Board Meeting

• Security Code: 533212
• Company: GKB

A separate meeting of the Independent Directors of the Company was held, pursuant to Regulation 25(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and section 149(8) of the Companies Act, 2013, read with Schedule IV (VII).

All the five Independent Directors were present at the meeting.

The Independent Directors in the Meeting held today:

1. Reviewed the performance of Non-Independent Directors and the Board as a whole.

2. Reviewed the performance of the Chairperson of the Company, taking into account the views of Non-Executive Directors.

3. Assessed the quality, quantity and timeliness of the flow of information between the Company's management and the Board.

The Independent Directors' Meeting started at 11:30 A.M. on March 27, 2018 and ended at 12.40 P.M. on the same day.