BATA INDIA LTD. - Outcome of Board Meeting

Bata India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 19, 2015, have been considered and approved, based on the recommendations of the Nomination & Remuneration Committee of the Board:<BR><BR>1. Resignation of Mr. Jorge Carbajal as a Director of the Company with effect from August 19, 2015, Mr. Carbajal has superannuated from his position as Chief Operating Officer of Bata Shoe Organization.<BR><BR>2. Resignation of Mr. Ranjit Mathur as the Director Finance and Chief Financial Officer of the Company with effect from August 19, 2015. Mr. Mathur wishes to pursue his career outside the Company.<BR><BR>3. Appointment of Mr. Ram Kumar Gupta as the Director Finance and Chief Financial Officer (Key Managerial Person) of the Company with effect from August 19, 2015, for a period of five years, subject to approval of the Shareholders at a General Meeting.<BR><BR>In compliance of Clause 49 of the Listing Agreement with the Stock Exchanges, Audit Committee of the Board of Directors of the Company has also approved the change in Director Finance & Chief Financial Officer of the Company, as aforesaid.