1. Approved amending the period of contract signed with the Managing Director & CEO with regard to his re-appointment from 3 years to 5 years w.e.f. 01 April 2015.

2. Approved, subject to the approval of the shareholders, creating, offering, issuing and alloting stock options not exceeding 3000000 into equivalent equity shares of Rupee 1 each to the eligible employees as determined by the Nomination & Remuneration Committee under Company's Employees Stock Option Scheme.