RICOH INDIA LTD. - Outcome of Board Meeting

Resignation of all of the Four (4) Independent Directors of Ricoh India Limited in the emergent Board of Directors meeting held yesterday, 9 November 2017. Mr. UP Mathur, Independent Director, Mr. RK Pandey, Independent Director, Ms Ashish Garg and Mr.Rajiv Ahuja, Independent Director have resigned as Directors of Ricoh India Limited effective Thursday, 9 November 2017. Detailed disclosure to this effect is attach for your information.