ESSAR OIL LTD. - Outcome of Board Meeting

Essar Oil Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 10, 2015, inter alia, has transacted the following business :<BR><BR>- Re-appointment of Mr. C. Manoharan as Director (Refinery) for a period of 3 years<BR><BR>The Board of Directors of the Company has, pursuant to the recommendation made by Nomination and Remuneration Committee, approved the re-appointment of Mr. C. Manoharan as Director (Refinery) for a period of 3 years with effect from March 29, 2015.