GINNI FILAMENTS LTD. - Outcome of Board Meeting

Ginni Filaments Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 05, 2014, inter alia, transacted the following items of businesses:<br/><br/>1. Re-appointment of Dr. Rajaram Jaipuria as Managing Director for a period of three years w.e.f. April 01, 2014 subject to the approval of shareholders of the Company.<br/><br/>2. Re-appointment of Shri. Shishir Jaipuria as Managing Director for a period of three years w.e.f. April 01, 2014 subject to the approval of shareholders of the Company.<br/><br/>3. Fixation of remuneration of Shri. Saket Jaipuria as Executive Director for a remaining period of two years of his tenure w.e.f. February 11, 2014 subject to the approval of shareholders of the Company.