Board Meeting-Outcome of Board Meeting

• Security Code: 521180
• Company: SUPERSPIN

This is to inform that the Board of Directors of the Company at their meeting held today, inter-alia considered and approved the following: -

1.The audited financial results of the Company for the quarter / financial year ended 31st March 2018 along with Auditor's Report
2.Re-designation of Mr.Sumanth Ramamurthi (DIN: 00002773), Executive Chairman as Chairman cum Managing Director of the Company with effect from 1st June 2018.
3.Resignation of Mr.A.R.Balasundharam (DIN: 07802383) from the Independent Directorship of the Company with effect from 19th May 2018
4.The appointment of Mr.A.R.Balasundharam (DIN 07802383) as an Additional / Non-Independent Director of the Company with effect from 20th May 2018.
5.Payment of consultancy fees to Mr.A.R.Balasundharam, Non-executive Director for rendering consultancy services