Announcement under Regulation 30 (LODR)-Cessation.

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that Mr. Manish Kumar (DIN:07379535) ceases to be a Nominee Director representing Government of India from the Board of the Company with immediate effect as directed by Government of India, Ministry of Finance, Department of Financial Services vide its letter dated June 11, 2018. The aforesaid cessation of directorship was noted by the Board of Directors of the Company through Circular Resolution dated June 12, 2018.

Kindly take the above information on record.

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