CHEMCEL BIO-TECH LTD. - Board Meeting on May 30, 2012

Chemcel Bio-Tech Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 30, 2012, inter alia, to consider the following:<br/><br/>1. Audited financial results for the Fourth quarter and Year ended on March 31, 2012.<br/><br/>2. To consider resignation of Mr. Polamraju Narasimha Murthy, Independent Director (vide his email dated April 12, 2012).