Outcome of board meeting of ADCC Infocad

Held on 03 December 2014

ADCC Infocad announced that the Board of Directors of the Company at its meeting held on 03 December 2014, has considered, recommended and adopted the following businesses:

1. The Board of Directors of the Company has considered and recommended "ADCC Employee Stock Option Plan, 2014" for the eligible employees/Directors of the Company including employees of its subsidiary Companies covered under ADCC ESOP 2014 (The Scheme) subject to necessary approval of the members of the Company in their forthcoming Extra Ordinary General Meeting.

2. Appointment M/s. V. K. Surana and Co. as Internal Auditor of a Company.

3. The Board considered and adopted the Vigil Mechanism Policy.

4. The Extra Ordinary General Meeting to be held on 30 December 2014.

5. The Company has considered the names of Member, whose name appear in the Register of Members / list of Beneficial Owners as on 28 November 2014 will be entitled to vote on the Resolutions set forth in the Notice.

6. The Board considered and approved the Resignation of Shwetali Thakare for the post of Chief Financial officer of the Company.

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