CALS REFINERIES LTD. - Resignation of Director

We would like to apprise you that Mr. Sameer Rajpal, Independent Director of the Compay, Vide resignation letter dated 18.10.2017, has submitted his resignation form the Board of Directors of the Company. He has cited the reason that he has decided to remain in canada, his resignation place, with his family, for urgent family/personal needs and due to that he will not be available to execute his duties.<BR> <BR> The Company will take due note of his resignation in the upcoming meeting of the Board of Director.<BR> <BR> This is for your information and record please.<BR>