NICCO CORPORATION LTD. - Outcome of Board Meeting

Nicco Corporation Ltd has informed BSE that the Board Meeting of the Company held on May 19, 2015, inter alia, has transacted the following business:<BR><BR>1. The Board noted the resignation of Mr. Swapan Kumar Mukherjee as Managing Director of the Company.<BR><BR>2. The Board noted the withdrawal of nomination by Asset Reconstruction Company (India) Limited of Mr. Manash Chakraborty as its Nominee Director.