PAL CREDIT & CAPITAL LTD. - Outcome of Board Meeting

Disclosure under Regulation 30(2) of SEBI (LODR), 2015. * Mr. M. Sudalaikannu, appointed as an Additional Director on the Board of the Company at the Board Meeting held on 10.05.2017 * Mr. Jayesh Dadia, has resigned as a Director from the Board due to his preoccupation w.e.f 12.05.2017 and the Board has accepted his resignation at the meeting held on 13.05.2017