CLASSIC

Classic Diamonds (India) Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 10, 2012 has accepted the resignation of Mr. Yogesh Kaji Independent Director and Mr. Mayank Mehta as Whole-time Director with effect from May 10, 2012.

Classic Diamonds (India) Limited has informed the Exchange that the Company has received a resignation letter from Mr. Namdev D. Apange Company Secretary & Compliance Officer of the Company as on July 01, 2011 and the same is accepted by the Board of Directors of the Company in its meeting held on August 11, 2011.

Classic Diamonds (India) Limited has informed the Exchange regarding resignation of Statutory Auditors A. N. Damania & Co. and Appointment of M/s. Apte & Co. as new statutory Auditors.

Classic Diamonds (India) Limited has informed the Exchange that the Company has received a consent letter from Mr.Nishikant Jha to be appointed as an additional director on the Board of Directors of the Company. The Company has also received a letter of resignation from Mr. Sumit Shah an independent director. The Board of Directors of the Company at its meeting held on November 12, 2010 has given their approval for the appointment and resignation respectively.

Classic Diamonds (India) Limited has informed the Exchange that the company has also appointed a Company Secretary Mr. Namdev Apange in its Board meeting held on September 23, 2010.

Classic Diamonds (India) Limited has informed the Exchange that the Company has received a consent letter from Mr.Madhukar Patankar to be appointed as an additional director on the Board of Directors of the company. The Company has also received a letter of resignation from Mr. Zubin Batliwala an independent director. The Board of Director at its meeting held on September 23, 2010 has given their approval for the appointment and resignation respectively.

Classic Diamonds (India) Limited has informed the Exchange that Company has received resignation letter of Mr. Chandrakant M. Bhansali and Mr. Hiren H. Shah on June 22, 2010 and the same is accepted by the Board of Directors of the Company in its meeting held on June 23, 2010.

Classic Diamonds (India) Limited has informed the Exchange that the Board Meeting of the Company was held on September 12, 2007 wherein the Board has accepted the resignation of MR. Chandrakant M. Bhansali as the Chairman of the Board and the Board has appointed Shri. Kumar C. Bhansali as the Chairman and Managing Director, Mr. Chandrakant M. Bhansali shall continue on the Board as the Non-Executive Director of the Company.

Classic Diamonds (India) Limited has informed the Exchange that the Board Meeting of the Company was held on October 31,2006, where the following business was transacted: Appointment of Mr. Hiren Shah as Whole Time Director in place of Mr. Ashok Ashar.

Classic Diamonds (India) Limited has informed the Exchange that Mr. Ashok V. Ashar has resigned as a Director of the Company w.e.f. September 01,2006.

Classic Diamonds (India) Limited has informed the Exchange that Mr. Sanjay G Dhruva has resigned as Director and Mr. Zubin Batliwala has been appointed as Director on the Board w.e.f April 3, 2006.