SHIVA CEMENT LTD. - Outcome of Board Meeting

Shiva Cement Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 13, 2015, inter alia, have approved the following:<BR><BR>1. Smt. Preeti Gupta has been appointed as non executive Woman Director on the Board of Company.<BR><BR>2. Sri Mahendra Singh has been appointed as non-executive Independent Director on the Board of Company.<BR><BR>3. Resignation of Sri Om Prakash Goyal from Directorship of the Company has been accepted.<BR><BR>4. M/s S P Roy & Associates, Company Secretaries has been appointed as Secretarial Auditors of the Company.<BR><BR>5. M/s Santosh Agarwalla & Co., Chartered Accountants has been appointed as Internal Auditors of the Company.<BR><BR>6. Shri. Debananda Nayak has been appointed as Company Secretary & Compliance officer of the Company.<BR><BR>7. Audit Committee of the Board has been reconstituted with Shri Mahendra Singh as member in place of Shri 0.P. Goyal.<BR><BR>8. Directors Sitting Fees to independent directors has been increased to Rs.10,000/-.