CORDS CABLE INDUSTRIES LTD. - Outcome of Board Meeting

Cords Cable Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2016 at 4.00 p.m., inter alia, has approved re-appointment and payment of remuneration of Shri Naveen Sawhney as Managing Director of the Company for a period of 3 years w.e.f. July 01, 2016 to June 30, 2019.<BR><BR>The meeting of Board of Directors was duly concluded at 6.55 p.m.