The Board of Directors of the Company, vide its circular resolution dated September 18, 2018 approved the following items, subject to the approval of the shareholders of the Company to be obtained through postal ballot:

1. Re-appointment of Mr. Pradeep Kapoor (DIN: 00053199), Mr. Anish Ghoshal (DIN: 00276807), Mr. Biren Ghabawala (DIN: 03091772), Mr. Alok Goyal (DIN: 05255419), and Ms. Deepa Kapoor (DIN: 06828033), as Non-Executive Independent Directors of the Company for the second term of 5 (five) consecutive years for the period starting from April 1, 2019 till March 31, 2024, whose first term as Non-Executive Independent Directors of the Company will be getting completed on March 31, 2019.
2. Amendment of the Employee Stock Scheme/Plan 2015.