DALAL STREET INVESTMENTS LTD. - Outcome of Board Meeting

Dalal Street Investments Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 13, 2014, inter alia, have taken the following decisions:<br/><br/>1. Mr. Vijay Pandya has been appointed as an Independent Director of the Company.<br/><br/>2. Formulated Audit Committee.<br/><br/>- Audit Committee consists of:<br/><br/>Mr. Pavankumar Sanwarmal - Chairman and Member<br/>Mr. Vijay Pandya - Member<br/>Mr. Sudhir Bandiwadekar - Member<br/><br/>3. Formulated Nomination and Remuneration Committee.<br/><br/>Nomination and Remuneration Committee consists of:<br/><br/>Mr. Pavankumar Sanwarmal - Chairman and Member<br/>Mr.Vijay Pandya - Member<br/>Mr. Sudhir Bandiwadekar - Member<br/><br/>4. Approved Vigil Mechanism Policy under Companies Act, 2013.