The Board of Directors met four times during the financial year ended March

31, 2016 in accordance with the provisions of the Companies Act, 2013 and

rules made thereunder.

The dates on which the Board of Directors met during the financial year under

review are as under:

Sr. No Date of Board Meeting 1. April 28, 2015 2. August 6, 2015 3. October 31, 2015 4. January 30, 2016

a) Committees and Policies

1. Audit Committee

The Audit Committee is comprised of three members as follows:

Name Designation Mr. K N Patel Chairman Mr. Gerard Da Cunha Member Ms. Ameeta Chatterjee Member

The Audit Committee met five times during the financial year ended March 31, 2016 in accordance with the provisions of the Companies Act, 2013 and rules made thereunder. The dates on which the Audit Committee met during the financial year under review are as under:

Sr. No Date of Meeting 1. April 28, 2015 2. August 06, 2016 3. October 30, 2015 4. January 30, 2016 5. March 23, 2016

During the year under review, the Board of Directors of the Company had accepted all the recommendations of the Committee.

2. Nomination and Remuneration Committee

The Nomination and Remuneration Committee is comprised of three members as follows:

Name Designation Mr. Naveen Kumar Chairman Mr. Gerard Da Cunha Member Ms. Ameeta Chatterjee Member

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