Outcome of board meeting of Advent Computer Services

Held on 28 May 2015

Advent Computer Services announced that the Board of Directors of the Company at its meeting held on 28 May 2015, inter alia, has taken on records the following:

1. The Board has received a letter dated 25 May 2015 from Rohit Taparia, Company Secretary & Compliance Officer stating his resignation from the post of Company Secretary & Compliance Officer of the Company w.e.f. 31 May 2015. The Board has accepted his resignation w.e.f. 31 May 2015.

2. The Board has appointed Noshin Thanawala as Company Secretary & Compliance Officer of the Company w.e.f. 01 June 2015.

3. The Board has appointed Nivya Mandawat, Practicing Company Secretary to perform Secretarial Audit of the Company for the year 2014-15.

4. The Board has appointed K. S. Govindarajan as Chief Financial Officer of the Company.

5. The Board has decided to grow inorganically by acquiring complementary businesses in India and overseas. In order to achieve this objective, the Board has authorised Michael Arul, Managing Director of the Company to identify such suitable target Companies and to work out suitable ways to fund such acquisitions.

6. The Board has approved to formulate and publish on website the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015.

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