Mastek Limited T +91 22 6722 4200 #106,107 SDF-IV Seepz, Andheri (East), F +91 22 6695 1331 Mastek • Mumbai 400096, Maharashtra, India W www.mastek.com
Date: March 27, 2019
Listing Department Listing Department BSE Limited The National Stock Exchange of India Limited 25' Floor, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalai Street, Fort, Bandra Kurla Complex, Mumbai - 400 001. Bandra (E), Mumbai - 400 051. Tel No. 022- 22723121 Tel No. 022- 26598100 Fax No. 022- 22721919 Fax No. 022-26598120 STOCK CODE: 523704 STOCK CODE: MASTEK
Subject: Outcome of the proceedings of the Board Meeting held today - In accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations")
Dear Sir(s)/Ma'am(s),
We wish to inform you that the Board of Directors at their meeting held today - March 27, 2019, inter-alia considered and approved the following;
1. Re-appointment of the 3 (three) Independent Directors of the Company for the second term of 5 (five) years.
a) Re-appointment of Mr. S. Sandilya, (DIN 00037542) as Non-Executive Independent Director of the Company for the second term of 5 (five) consecutive years for the period starting from April 1, 2019 till March 31, 2024, whose first term as Non-Executive Independent Director of the Company will be getting completed on March 31, 2019.
Disclosure as required under Regulation 30 read with Para A of Schedule III of Listing Regulations and Brief profile of Mr. S. Sandilya is enclosed herewith in Annexure 1 and 2 respectively.
Accordingly, based on recommendations of Nomination and Remuneration Committee, the Board has re-appointed Mr. S. Sandilya as an Independent Director of the Company for second term of 5 years, subject to approval of members in the ensuing Annual General Meeting.
b) Re-appointment of Ms. Priti Rao (DIN 03352049) as Non-Executive Independent Director of the Company for the second term of 5 (five) consecutive years for the period starting from April 1, 2019 till March 31, 2024, whose first term as Non-Executive Independent Director of the Company will be getting completed on March 31, 2019.
Disclosure as required under Regulation 30 read with Para A of Schedule III of Listing Regulations and Brief profile of Ms. Priti Rao is enclosed herewith in Annexure 1 and 2 respectively.
Accordingly, based on recommendations of Nomination and Remuneration Committee, the Board has re-appointed Ms. Priti Rao as an Independent Director of the Company for second term of 5 years, subject to approval of members in the ensuing Annual General Meeting.