Bihar Sponge Iron Ltd — Board/Management Information 2019

May 25, 2019

BIHAR SPONGE IRON LIMITED.

REGISTERED OFFICE 8. PLANT : UMESH NAGAR, CHANDIL-832401, DISTT. SARAIKELA -KHARSAWAN, JHARKHAND PHONE (EPABX) 1 06591-232410, 232417, Fax : 06591-232412 E-mail : bsilchandil@gmail.c0m I Web : bsil.org.in CIN : L27106JH1982PLC001633

BSIL/CS/SE/2019

25TH MAY, 2019

To, The Manager BSE Limited 25"1 Floor, P.J.Towers, Dalal Street Mumbai—40000 1

Scrip Code: 50058

Sub: Outcome of Board Meeting held on 25'h May, 2019 Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dear Sir/Madam,

With reference to above cited subject, this is to inform that the Board of Directors have inter alia approved and taken on record the following at its meeting held today i.c. 25111 May. 2019,

• 1. Audited Financial Results (Standalone) for the quarter and financial year ended Hst March, 2019 along with Auditors Report thereon and Declaration in respect of Audit report (Standalone & Consolidated) with unmodified opinion under Regulation 33(3)(d) of the Listing Regulations.
• 1. Approved the Rte-appointment of Mr. Brajeshwar Dayal Garg , Mr, Jagdish Chandel-Chawla, Mr. Shyam Babu Vyas and Mr. Madan Lal as Non— Executiw Independent Directors upon the recommendation ofNomination and Remuneration Committee. l'or a second term. subject to approval of shareholders at the ensuing Annual General Meeting.

Brief profile as required under SEBI (Listing obligations and Disclosure Regulations) 2015 and SEBI circular ClR/CFD/CMD/4/2015 dated 09m September 201 5 are enclosed herewith as Annexure A to this letter.

1. Appointment of Ms. Himani Mittal, (MN. A37715), as Company Secretary and

Brief Profile as required under SEBI (Listing obligations and Disclosure Regulations) 2015 and SEBI circular CIR/CFD/CMD/4/2015 dated 09'h September. 2015 are enclosed herewith as Annexure B to this letter.

1. Appointment of M/s. Sarat Jain & Associates as an Internal Auditor of the Company for the Financial Year 2019-20 & 2020-21.

The said Board Meeting commenced at I 'I 3 oP'Tnd concluded at 2! 30 P. Mt V

This is for your information and Record

Thanking You

Yours faithfully

Director DIN:00298252

Enclza/a

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Annexure-A of pursuant toRegulation 30 of SEBI (Listing obligations and Disclosure Regulations) 2015 and SEBI circular 2015.

	CIR/CFD/CMD/4/2015	2015.September,09"1dated			#1LalMadan
S.N	Particulars	GargB.D.Mr.	Mr.VyasbahuShyamMr.	ChawlaJ.C.	Mr.
			GeneralAnnual32"1At	GeneralAnnual32""theAt	MeetingGeneralAnnualtheAt
	viz.,or otherwise.resignation,Changefordeathremoval,Reasonappointment,	Mr.28m5years,endoftoMeeting,Non-ExecutivetermcomeaaswillforGeneraltermappointedAnnualDirectorpresent32"dgarg2019.theirtheAtandMay,B.D.Independent	MeetingappointedofwillBabutermatermfor2019.ShyamNon-ExecutivepresentMr.asMay,ontheir28*Directorheldandendappointedtotheyears,5VyascomeMeetingIndependent	termMay,apresentChawla28fortheirJ.C.endNon-ExecutivetoandMr.asDirector,comeyears,will5of2019.termIndependent	,ofLaltermtermaforNovemberMadanIndependentpresentNon-Executive13'"Mr.theirasendDirectortoandAugust,comeyears,5will33'd2019.appointedIndependent
	&ofofappointmentDateTermappointment/cessation	aofduewillfor2024,inMayGargDirector201928'"approvalB.D.onMay,Mr.Independent28'"endingasofw.e.f.termyears5Shareholders'toofCompanySecondtheTheperiodsubjectCOUISCcommence	5inof2024,w.e.f.ShyamofapprovalMay,periodIndependentaas28'1'forcommenceCompanyontermwillthe2019ofShareholders'toVyasendingMay,Secondcourse.due29"1subjectTheBabuyearsDirector	astheMay,years2024,5ofChawla29a.oftermMay,J.C.Shareholders'w.e.f.course.Mr.Directorperiod28""todueofainonSecondforcommencewillendingapprovalThe2019subjectIndependentCompany	to12*dueMr.w.e.f.ofinperiodaonforsubjectas2019commenceCompanyendingapproval2024,termthewillofyearsLal5SecondNovember,of13mThecourse.Shareholders'DirectorMadanNovember,
			hasVyasBabuShyam	morehavingChawla,J.C.Mr.	ofMasterLal,MLMadan
	ofcase(inProfileBriefappointment)	,intheandofBl-IUfinanceexperienceoffrommanagementyearsoperations,B.Tech40,andthethanofGargmore8.0.areatheMI.Cmpany.havingadministration	ofofareatheadministrationinandyears.37Dr,overexperiencemanagement	inofoperations,businessexperienceofofandyearsarea42Company.thethethanadministration	ofotheryears45areaassociatedTaxation,themanythaninearlyandmoreand8:Aicmrnts,IDBIhavingisexperienceofHewithFinanceorganizations.Commerce
				'WA	N.A
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Annexure— B

Brief Profile of Ms. Himani Mittal as the Company Secretary and Compliance Officer are as under:

S.NO	Particulars	Disclosure
1	forReasonviz.,appointment,Changeresignation, removal, death or otherwise.	'—Appointment"A"i
2	ofof&TermDateappointment/cessationappointment	i77017.06%];
3	case ofBriefProfile(inappointment)	(MA.MemberAssociateanisShe'ofofInstituteCompanyA37715)'ofIndiaandSecretarieshaving/experience ofinthemorethan4yearsioffieldSecretarial Compliances.it
4.	Disclosure ofrelationships between Directors(inofdirector)case ofappointment	_,NA,,i_J
		J. L

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