REVATHI EQUIPMENT LTD. - Outcome of Board Meeting

Revathi Equipment Ltd has informed BSE that the board of directors have appointed Mr. M. Poongavanam and Mr. Kishore Sidhwani as additional Directors of the Company at their meeting held on November 25, 2014. Pursuant to Section 161 of the Companies Act, 2013, these directors hold office only upto the conclusion ensuing general meeting of the Company.<BR><BR>The aforesaid directors are proposed to be appointed as Independent Directors for which it has been proposed to obtain the consent of the members through a Postal Ballot. The Board of Directors have appointed Mr. M. D. Selvaraj FCS of MDS & Associates, Company Secretaries, Coimbatore as Scrutinizer for conducting the Postal Ballot.