CREDIT ANALYSIS AND RESEARCH LTD. - Outcome of Board Meeting

Credit Analysis and Research Ltd has informed BSE that Mr. Navin K Jain, Company Secretary & Compliance Officer of the Company has resigned from the position of Company Secretary and Compliance Officer. The Nomination and Remuneration Committee and the Board of Directors at their respective meetings accepted his resignation and will relieve him of his responsibilities from the close of business hours on May 31, 2016. The same was noted by the Board of Directors at its meeting held on May 26, 2016.<BR><BR>Further, the Board of Directors appointed, Mr. Mahendra Naik, a member of the Institute of Company Secretaries of India as Company Secretary of the Company w.e.f. June 01, 2016. He will also be the Compliance Officer of the Company as required under Regulation 6 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.