ALCHEMIST LTD. - Outcome of Board Meeting - Code of Conduct of Fair Disclosure

Alchemist Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 28, 2015, have considered and approved the following:<BR><BR>1. Appointment of Mr. Bikram Bhattacharya as Chief Financial Officer of the Company in place of Mr. Dinesh Vermani.<BR><BR>2. Adoption of "Code of Conduct of Fair Disclosure", pursuant to Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015.