SPEL SEMICONDUCTOR LTD. - Outcome of Board Meeting

SPEL Semiconductor Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 15, 2014, approved the following:<br/><br/>1. Appointment of Mr. M. Jayasankar as Additional Director of the Company with effect from September 15, 2014.<br/><br/>2. Appointment of Dr. Enakshi Bhattacharya as Additional Director of the Company with effect from September 15, 2014.<br/><br/>3. Resignation of Dr. T. S. Vijayaraghavan, Director, with effect from September 08, 2014.<br/><br/>4. Resignation of Mr. N. Ramakrishnan, Director, with effect from September 12, 2014.<br/><br/>5. Deferral of Advisory Services Agreement with Mr. Ar Rm Arun.