REG - Rolta India Limited - Outcome of Board Meeting dated July 15 2016 <Origin Href="QuoteRef">ROLT.NS</Origin>

Rolta IndiaAnnouncement

15/07/2016 14:35

RNS Number : 3553E
Rolta India Limited
15 July 2016
BSE Limited
Corporate Relationship Department
1st Floor, New Trading Ring 
Rotunda Building 
Phiroze Jeejeebhoy Towers
Dalal Street
Mumbai - 400001
National Stock Exchange of India Limited
Exchange Plaza
Plot No. C/I G Block 
Bandra-Kurla Complex
Bandra (East)
Mumbai - 400051
REFERENCE : RIL/Outcome_BM/2016  15-Jul-2016 
Dear Sir / Madam 
Sub: Outcome of Meeting of the Board of Directors held on July 15, 2016
In compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (hereinafter referred as "SEBI(LODR)"), this is to inform you that Board of Directors of Rolta India Limited (hereinafter referred as "Company") at their meeting held today i.e. July 15, 2016, inter alia among other matters, has approved the following:
1) Appointment of the following directors on the Board of the Company, thus completing the composition of the Board of Directors in terms of Regulation 17(1)(a) of SEBI(LODR) :
a) Ms. Homai Daruwalla, as a Non-Executive Independent Director, a qualified Chartered Accountant, who was at the helm of affairs of Central Bank of India as Chairperson and Managing Director overseeing the entire operations till December 31st 2008. Post retirement, Ms. Daruwalla is an Executive Advisor / Consultant, her forte being Financial sector and is presently on the Board of many prestigious companies. She has been nominated as Chairperson of the Audit Committee of the Board of the Company.
b) Lt. Gen. Padam Pal Singh Bhandari (Retd.) as a Non-Executive Independent Director. He did M.Sc from Madras University, post graduation course on International Relations and Understanding including Global Economic, Industrial scene and Higher level management at Royal College of Defence Studies. He contributed about 40 years in the meritorious service of the nation and retired as Deputy Chief of Army staff. He was the head of Defence Business Group in Rolta India Limited from where he retired in June 2013. He is recipient of Param Vishist Seva Medal and Ati Vishist Seva Medal from President of India. He was also awarded Chief of Army Staff (COAS) commendation in 1991.
2) Recommending the appointment of M/s. N.M.Raiji & Co. (ICAI Firm Registration No 108296W), who are presently the Joint Statutory Auditors, as Statutory Auditors for a period of 4 (four) years. 
3) Convening the Annual General Meeting of the members of the Company on Saturday, August 20, 2016 at 11:30 a.m. the Auditorium, Rolta Tower - A, Rolta Technology Park, MIDC-Marol, Andheri (East), Mumbai - 400093.
4) Register of Members and Share Transfer Books of the Company will remain closed from Thursday, August 18, 2016 to Saturday, August 20, 2016 (both days inclusive), for the purpose of Annual General Meeting.
The meeting of Board of Directors commenced at 3:00 p.m. and concluded at 6:00 p.m.
You are requested to kindly take the same on records.
Thanking you, 
Yours faithfully,
For ROLTA INDIA LIMITED
(Verinder Khashu)
Company Secretary & Head-Legal/Compliance
http://www.rns-pdf.londonstockexchange.com/rns/3553E_-2016-7-15.pdf

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