SRS Finance Limited announced that pursuant to clause. 30 of the listing agreement, the following of the company in the Board meeting held on 17th June, 2014, Sh. Ankit Sachdeva (DIN: 06600230) has been re-designated as Managing Director & CEO of the company for the remainder of his tenure 22, June, 2016.

Sh. Raju.Gupta, Managing Director& CEO has resigned from the Directorship of the company. The Board places on record its appreciation for the services rendered by Mr. Raju Gupta during his tenure of Directorship.

Pursuant to the provisions of Section 149, 150, 152 and other applicable provisions, if any, of the Companies Act, 2013 read with the Companies (appointment and qualification of directors) Rules, 2014 and clause 49 of the listing agreement. Ms. Garima (DIN:06897731) has been appointed as an additional (independent) director of the company. Pursuant to the provisions of Section 149, 150, 152 and other applicable provisions, if any, of the Companies Act, 2013 read with the Companies (Appointment and Qualification of Directors) Rules, 2014 and clause 49 of the listing agreement, Sh.

Praveen Sharma (DIN: 02953921) and Sh. Lalit Kumar (DIN: 02956291) have been appointed as Independent Directors of the company, for five consecutive years from 1 June, 2014 up to 31st May, 2019, whose offices are not liable to retire by rotation. Sh.

Mukesh Goyal and Sh. Jogindar Lai Chhabra, Independent Directors, have resigned from the Directorship of the Company. The Board places on record their appreciation for the services rendered by Sh.

Mukesh Goyal and Sh. Jogindar Lai Chhabra during their tenure of Directorship. Sh.

Ankit Sachdeva, Managing Director & CEO; Ms. Rakhi Mehta, Company Secretary and Sh. Naveen Kumar Tayal, Whole-time Director & Chief Financial Officer have been designated as Key Managerial Personnel (KMP) in accordance with Section 203 of the Companies Act, 2013 read with the companies (appointment and remuneration o managerial personnel) Rules, 2014.