PENNAR INDUSTRIES LTD. - Outcome of Board Meeting

Pennar Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 11, 2015, inter alia, has transacted the following business:<BR><BR>1. Resignation of Mr. C. Parthasarathy as Independent Director w.e.f. January 29, 2015.<BR><BR>2. Appointment of Dr. Sita Vanka as Independent Director w.e.f. February 11, 2015.