ABG SHIPYARD LTD. - Outcome of Board Meeting

ABG Shipyard Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 14, 2014, inter alia, has taken note of the following:<br/><br/>1. Withdrawal of Nomination of Mr. Aloke Sengupta from the Directorship and Nomination of Smt. Ranjitha Godbole as the Director by IDBI Bank Ltd.<br/><br/>2. Withdrawal of Nomination of Mr. David Rasquinha from the Directorship by EXIM Bank Ltd. w.e.f. Oct 17, 2014.