Outcome of board meeting of Global Land Masters Corporation

Held on 26 August 2014

Global Land Masters Corporation has informed BSE that the Board of Directors of the Company at its meeting held on 26 August 2014, inter alia, has approved the following matters:

1. Re-appointment of Abhimanyu Deswal, subject to the approval of Shareholders.

2. Approved the appointment of M/s. S. Agarwal & Co. as the Statutory Auditor of the Company for five consecutive years from this Annual General Meeting to 24th Annual General Meeting subject to the approval of the shareholders.

3. Appointment of Shalini Malik as additional non executive Independent director.

4. Regularisation of Shalini Malik as non executive Independent director subject to the approval of the shareholders.

5. Re-Appointment of Dr. Gurnam Singh for five consecutive years as the Independent Director of the Company this Annual General Meeting to 24th Annual General Meeting subject to the approval of the shareholders.

6. Re-Appointment of Brig. (Retd.) Harpal Singh for five consecutive years as the Independent Director of the Company this Annual General Meeting to 24th Annual General Meeting subject to the approval of the shareholders.

7. Alteration of Articles of Association of the Company subject to the approval of the shareholders.

8. Shifting of registered office of the Company from Himachal Pradesh to Haryana.

9. Notice of Postal Ballot for the purpose of taking approval of shareholder in terms of section 110 read with rule 22 of Companies (Administration and Management) Rules 2014, in respect of Shifting of registered office of the Company from Himachal Pradesh to Haryana.

10. Cut Off date, i.e. 29 August 2014, to whom the Annual Report including Notice of Annual General Meeting and Notice of Postal Ballot will be dispatch.

11. Appointment of Harpreet Parashar, Practicing Company Secretary, as the scrutinizers for E-voting and Postal Ballot process.

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