News Announcement

Balu Forge Industries: Outcome of Independent Directors Meeting

Bell Agromachina Ltd has informed BSE that the meeting of Independent Directors of the Company held on March 31, 2016 and the following businesses were transacted,

1. They reviewed the performance of the Non-Independent Directors and the Board as a whole.

2. They reviewed the performance of the Chairman of the Company.

3. They assessed the quality, quantity and timelines of flow of information between the Company Management and the Board.

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