ADI RASAYAN LTD. - Outcome of Independent Directors Meeting

Adi Rasayan Ltd has informed BSE that the meeting of Independent Directors of the Company held on March 31, 2016, the following businesses were transacted:<BR><BR>1. They reviewed the performance of the Non-Independent Directors and the Board as a whole.<BR><BR>2. They reviewed the performance of the Chairman of the Company.<BR><BR>3. They assessed the quality, quantity and timelines of flow of information between the Company Management and the Board.