Announcement of Phiroz Vandrevala relinquishing his office

In terms of regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that Mr. Phiroz Vandrevala has relinquished the office of Non-Executive Director of the Company, due to personal reasons, with effect from July 8, 2016.

For more information, please contact:

Investor Relations Kedar Shirali
Tel: 91 22 6778 9999
Media Pradipta Bagchi
Tel: 91 22 6778 9999