Amrit Corp. Ltd. has informed that the Board of Directors of the company at its meeting held on May 27, 2014 has taken the following decisions: Board Composition: Shri Kamal Budhiraja resigned from the directorship of the Company with effect from May 19, 2014. Shri Sundeep Aggarwal has been appointed as Additional Independent Director with effect from May 27, 2014 to hold office as Director upto the date of next Annual General Meeting of the company and subject To Approve the shareholders in the next Annual General Meeting, he will be appointed as Independent Director to hold office for five consecutive years.

Mr. K. R. Ramamoorthy and Mr. Mohit Satyanand have been appointed as Independent Directors to hold office for five consecutive years subject To Approve the shareholders at the next AGM. Shri B. P. Maheshwari appointed as Chief Financial Officer.