1. Noted the resignation of Dr. R.C. Vaish as an Independent Director of the Company w.e.f. 29 September 2014 due to personal reasons.

2. Noted the appointment of Umesh Jain as Nominee Director of IDBI Bank w.e.f. 30 September 2014.

3. Appointed K. N. Bhandari, Arun Balakrishnan, Atanu Sen and S.L. Mohan as Independent Directors on the Board of the Company w.e.f. 30 September 2014.