ELDER PHARMACEUTICALS LTD. - Outcome of Board Meeting

Elder Pharmaceuticals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 15, 2014, inter alia, has approved the following :<br/><br/>1. Resignation of Mr. James McEuen as Director of the Company.<br/><br/>2. Appointment of Mr. Vijendra Jain as Company Secretary and Compliance Officer of the Company in place of Mr. S.P. Date who has retired.