KATWA UDYOG LTD. - Outcome of Board Meeting

Katwa Udyog Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 12, 2014, inter alia, has transacted the following businesses:<br/><br/>1. Approved resignation of Mr. Ashok Tarale from the directorship of the Company w.e.f. August 12, 2014.<br/><br/>2. Appointed Mr. Ramesh Manickchand Shah as an additional director of the Company w.e.f. August 12, 2014, who holds office till the conclusion of ensuing Annual General Meeting.<br/><br/>3. Appointed Mrs. Narmada H. Katwa as an additional director of the Company w.e.f. August 12, 2014, who holds office till the conclusion of ensuing Annual General Meeting.