Ultramarine & Pigments Ltd. announced that at its annual general meeting held on August 8, 2016, the resolution for re-appointment of Mr. S. Santhanam, who retires by rotation at this AGM, has not obtained requisite majority of votes and hence he is not re-elected. Mr. S. Santhanam ceased to be a director from the conclusion of AGM held on August 8, 2016. The resolution for removal of Mr. Sridhar Sundararajan from the office of director pursuant to a special notice has obtained requisite majority of votes and hence his removal is approved. Mr. Sridhar Sundararajan ceased to be a director from the conclusion of AGM held on August 8, 2016.