3I INFOTECH LTD. - Outcome of Board Meeting

3i Infotech Ltd has informed BSE that the Board of Directors of the Company at its Meeting held on May 18, 2016 has decided to appoint Mr. Padmanabhan Iyer, Chief Financial Officer as Whole-time Director with immediate effect. Mr. Padmanabhan Iyer shall now be designated as Whole-time Director and Chief Financial Officer of the Company.<BR><BR>This appointment will be subject to the approval of the Shareholders at the ensuing General meeting of the Company.