ESSAROIL

Essar Oil Limited has informed the Exchange that the Board of Directors of the Company has appointed Capt. B. S. Kumar as an Independent Director w.e.f December 30, 2015 for a period of three years.

Essar Oil Limited has informed the Exchange that Mr. D J. Thakkar whose term in office as Independent Director of the Company comes to an end on December 23, 2015 has been reappointed as Independent Director by the Board of Directors for a second term of three years effective from December 24, 2015.

Essar Oil Limited has informed the Exchange that Mr D K Varma who was Independent Director of the Company has ceased to be director effective from October 10, 2015 upon completion of his tenure of one year.

Essar Oil Limited has informed the Exchange that the Board of Directors of the Company held on May 25, 2015, the following business was transacted : (1) Dr. Sabyasachi Sen has been appointed as Independent Director of the Company w.e.f May 25, 2015 (2) Resignation tendered by Mr. T. S. Narayanasmi, Independent Director effective from May 25, 2015 was noted by the Board.

Essar Oil Limited has informed the Exchange that the following changes in the Board of Directors of the Company: a) The Board of Directors has appointed Ms. Rugmani Shankar as an Independent Director w.e.f. March 31, 2015. With this appointment , the Company has complied with the requirement of appointing a woman Director on the Board under the Listing Agreement and the Companies Act, 2013. b) Mr. S. V. Venkatesan , Independent Director has resigned from the Board of Directors of the Company w.e.f. March 31, 2015.

Essar Oil Limited has informed the Exchange that at the meeting of the Board of Directors of the Company held on February 10, 2015, the following business was transacted: 1. The Board of Directors of the Company has, pursuant to the recommendation made by Nomination and Remunration Committee, approved the re-appointment of Mr. C. Manoharan as Director (Refinery) for a period of 3 years w.e.f. March 29, 2015.

Essar Oil Limited has informed the Exchange that the Board of Directors of the Company has appointed Mr. S.V. Venkatesan, Mr. Deepak Kumar Varma and Mr. T S Narayanasami as Independent Directors of the Company.

Essar Oil Limited has informed the Exchange regarding the withdrawal / resgination of Mr. Rajiv Pal Singh, Nominee of State Bank of India

Essar Oil Limited has informed the Exchange that Mr. Rajiv Pal Singh has been appointed as Nominee of State Bank of India on the Company's Board w.e.f. May 24, 2013.

Essar Oil Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 10, 2013, inter alia, has transacted the following: 1. Mr. Virendra Singh Jain has been appointed as Independent Director with effect from May 10, 2013.

Essar Oil Limited has informed the Exchange that the Board of Directors of the Company has approved the following changes: (1) Mr. C. Manoharan, Head of Refinery at Vadinar, Jamnagar has been appointed as Director (Refinery) on the Company's Board with effect from March 29, 2012. (2) Mr. P. Sampath a Non Executive Director (Non Independent Director) has resigned from the Board.

Essar Oil Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on October 18, 2010, the following business was transacted: (1) Appointment of Shri Melwyn Rego as Nominee of IDBI Bank Ltd. in place of Dr. G Goswami was noted. (2) Shri P Sampath has ceased to be Director Finance. However, he will continue to be on the Board as Non - Executive Director.

Essar Oil Limited has informed the Exchange that at a meeting of the Board of Directors of the Company held on April 13, 2010 the following business was transacted: (1) The resignation of Shri Ravikant N Ruia, Vice Chairman from the Board of Directors of the Company was approved with effect from March 30, 2010.

Essar Oil Limited has informed the Exchange that:"The Company has received a letter dated March 30, 2010 from Shri Ravi Ruia tendering his resignation from the Board of Directors of the Company with immediate effect due to other commitments. The same will be placed before the Board at its next meeting".

Essar Oil Limited has informed the Exchange that at a meeting of the Board of Directors of the Company held on January 22, 2010, the following business was transacted: Shri K V Krishnamurthy has been appointed as Independent Director of the company with effect from January 22, 2010.

Essar Oil Limited has informed the Exchange that at a meeting of the Board of Directors of the Company held on January 31, 2009 the following business was transacted : (1) Appointment of Shri P Sampath as Director Finance effective 1-04-2009 : Shri P Sampat has been appointed as Director Finance of the Company with effect from 1st April, 2009.

Essar Oil Limited has informed the Exchange that at a meeting of the Board of Directors of the Company held today i.e. October 31, 2008, the following business was transacted: 1) The Board took note of the appointment of Shri R P Singh as Nominee of IFCI Ltd, in place of Shri Sanjeev Ghai.

Essar Oil Limited has informed the Exchange that at a meeting of the Board of Directors of the Company held today, October 31, 2007, the following business was transacted : 1) Appointment of Shri Naresh Nayyar as Managing Director. Shri Naresh Nayyar has been appointed as Managing Director of the Company for a period of 5 years with effect from October 15, 2007.

Essar Oil Limited has informed the Exchange that "The Shri Hari L Mundra retired by rotation at last Annual General Meeting and did not offer himself for re-appointment. Accordingly, he ceased to be Dy. Managing Director & Director (Finance) of the Company with effect from 29th September, 2007".

Essar Oil Limited has informed the Exchange that at the meeting of the Board of Directors of the Company held on October 30, 2006, the following business was transacted :- (i) The Board took note of the appointment of Shri V K Sinha, Nominee of LIC of India.

Essar Oil Limited has informed the Exchange that at a meeting of the Board of Directors of the Company held on July 31,2006, the Board took note of the resignation tendered by Shri S N Gogate, Nominee of Debenture Trustees, The Western India Trustee and Executor Company Limited.

Essar Oil Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on June 30, 2006 the following business was transacted : (i) Noting Resignation of Shri K Sridhar, Nominee Director of LIC of India : The Board took note of the resignation tendered by Shri K. Sridhar, Nominee Director of LIC of India.

Essar Oil Limited has informed the Exchange that Shri Suresh Mathur has been appointed as an Additional Director with effect from April 4, 2006. Shri Suresh Mathur has also been appointed as Wholetime Director subject to approval of the members in the next General Meeting and the Central Governament.

Essar Oil Limited has informed the Exchange that at a meeting of the BODs of the Company held on January 31, 2006, the Board noted the appointment of Shri Sanjeev Ghai as Nominee Director of IFCI Limited in place of Shri Sanjoy Chowdhury.

Essar Oil Limited has informed the Exchange that Shri Anshuman S Ruia has been appointed as Director of the Company at a meeting of the BODs held on September 30, 2005.

Essar Oil Limited has informed the Exchange that the BODs have noted the appointment of Shri K. Sridhar as Nominee Director of Life Insurance Corporation of India, on the Board of the Company. Shri K. Sridhar is currently Managing Director of Life Insurance Corporation of India.

Essar Oil Limited has informed the Exchange that the Board of Directors has noted appointment of Dr. G Goswamy as Nominee Director of Industrial Development Bank of India Limited, on the Board of the Company, replacing Shri R Jayaraman Iyer.

Essar Oil Limited has informed the Exchange that the Board at its meeting held on January 28, 2005, noted the appointment of Shri N S Kannan as nominee director of ICICI Bank Limited in place of Shri R Kannan.