AKAR TOOLS LTD. - Updates

This is to inform you that the Independent Directors Meeting was held on March 21, 2017, at 10.00 a.m. at Hotel Rama International, Aurangabad to inter alia: 1.Review the performance of Non- Independent Directors and the Board of Directors as a whole; 2.Review the performance of the Chairperson of the Company; 3.Assess the quality, quantity and timeliness of flow of information between the Company management and the Board of Directors. Kindly make a note and display this information on your Notice Board for the information of public.