AKAR TOOLS LTD. - Independent Directors Meeting on March 19, 2016

Akar Tools Ltd has informed BSE that a meeting of the Separate Independent Directors of the Company will be held on March 19, 2016, to consider and discuss the following agenda points:<BR><BR>1. To evaluate the performance of non-independent directors and the Board of Directors as a whole of the Company.<BR><BR>2. To review the performance of the Chairperson of the Company.<BR><BR>3. To assess the quality, quantity and timelines of flow of information between the Company management and the Board.