NET 4 INDIA LTD. - Outcome of Board Meeting

Net 4 India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 29, 2016, inter alia, had considered the following;<BR><BR>1. Appointment of Secretarial Auditor<BR><BR>M/s Abnish Kumar & Associates, Company Secretary has been appointed as a secretarial auditor of the Company for the financial year 2015-16.<BR><BR>2. Noting of the resignation of Ms. Nidhi<BR><BR>The board took on record the resignation of Ms. Nidhi, Woman Director, from the post of Non Executive Additional Director w.e.f. December 05, 2015.<BR><BR>3. Noting of the appointment of Statutory Auditor<BR><BR>The board took on record the resolution passed by the board of directors for the appointment of Lakshmi Tripti & Associates as a statutory auditor.