Board of Adhunik Metaliks does not recommend dividend

At meeting held on 28 August 2015

Adhunik Metaliks announced that the Board of Directors of the Company at its meeting held on 28 August 2015, inter alia, has discussed and approved the following :

1. Due to inadequate profit in the Company for the year ended 30 June 2015 no dividend has been recommended.

2. The Board appointed Uttara Dasgupta as a Nominee Director, nominated by State Bank of India, Her appointment will meet the requirement under Clause 49 II A of the Listing Agreement.

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