FAG BEARINGS INDIA LTD. - Updates on Outcome of Board Meeting

FAG Bearings India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 06, 2014, have also considered and approved the following :<br/><br/>Change in Directorship:<br/><br/>- Resignation of Directors w.e.f. November 06, 2014<br/><br/>1. Mr. Bernhard Steinruecke, and<br/>2. Mr. Moreshwar Garde,<br/><br/>- Appointment of Independent Directors w.e.f. November 06, 2014<br/><br/>1. Dr. Sanak Mishra and<br/>2. Mrs. Renu Challu<br/><br/>Change in Internal Auditor:<br/><br/>- Appointment of Mr. Devang Shah w.e.f. October 01, 2014<br/><br/>1. Mr. Devang Shah, Chartered Accountant.