Siyaram Silk Mills Ltd. announced that the Board of Directors of the company at its meeting held on May 12, 2014, the board approved constitution of Corporate Social Responsibility Committee with responsibility in accordance with the provisions of the Companies Act 2013 and Clause 49 of the Listing Agreement, with the following composition: Shri. Ramesh D. Poddar - Chairman; Shri. Harish N. Motiwalla - Member - Independent; Shri.

Pawan D. Poddar - Member. The board approved revision in the scope/role of the Audit Committee in terms with the provisions of the Companies Act, 2013 and Clause 49 of the Listing Agreement and its reconstitution as follows: Shri. Harish N. Motiwalla: Chairman - Independent; Shri.

Dileep H. Shinde: Member - Independent. The board approved change in nomenclature of Remuneration Committee to Nomination and Remuneration Committee, revision of its scope/role and its reconstitution with the following composition: Shri. Harish N. Motiwalla: Chairman - Independent; Shri.

Mangesh D. Teli: Member - Independent; Shri. Pramod Jalan: Member - Independent. The board approved change in nomenclature of Shareholders'/Investors' Grievance Committee to Share Transfer Committee, revision of its scope/role and its reconstitution with the following composition: Shri.

Pawan D. Poddar: Chairman; Shri. Ramesh D. Poddar: Member; Shri. Shrikishan D Poddar: Member; Shri.

Ashok M. Jalan: Member. The board approved constitution of Stakeholders Relationship Committee with scope/role in accordance with the provisions of the Companies Act 2013 and Clause 49 of the Listing Agreement with the following composition: Shri. Dileep Shinde: Chairman - Non Executive and Independent; Shri.

Ramesh D. Poddar: Member; Shri. Pawan D. Poddar: Member.