KENNAMETAL INDIA LTD. - Outcome of Board Meeting

Kennametal India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 06, 2014, inter alia, has approved-<br/><br/>1. the constitution of Corporate Social Responsibility (CSR) Committee in line with Section 135 of the Companies Act, 2013.<br/><br/>2. Renaming of the Remuneration Committee from "Remuneration Committee" to "Nomination and Remuneration Committee", and modification in its scope, role, functions, powers and allied matters in compliance with Section 178(1) of the Companies Act, 2013 and Clause 49 of the Listing Agreement.<br/><br/>3. Renaming of the Shareholders/Investors Grievance Committee to "Stakeholders Relationship Committee" in line with Section 178(5) of the Companies Act, 2013 and Clause 49 of the Listing Agreement.