GEMSTONE INVESTMENTS LTD. - Board Meeting Outcome for Outcome Of Board Meeting For Approval Of Promoter Re-Classification

Re-classification of status of shareholding of Mr. Nimesh Ganatra from 'Promoter Category' to 'Public Category', subject to approval of the members. In compliance with Regulation 31A (8)(b) of Listing Regulations, enclosed herewith extract of the minutes of the Board Meeting for approval of aforesaid re-classification. You are requested to take the above cited information on your records.