Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Board of Directors of the Company at their meeting held on Tuesday, 30th May, 2017 has taken on record the resignation tendered by Kishor Punamchand Ostwal (DIN: 00460257), Non-executive & Non-Independent Director of the Company with effect from 29th May, 2017.