Symphony Ltd. announced that Mr. Himanshu Shah, the Independent Director of the Company has submitted his resignation as an Independent Director of the Company with immediate effect from November 30, 2015 due to his professional engagements and commitments and inability to devote sufficient time for the participation in Board meetings and Proceedings of the Company. Accordingly, Mr. Himanshu Shah who served the Company for past six years, ceases to be the Independent Director of the Company with effect from November 30, 2015. The Company fulfils the requirement of minimum number of Independent Directors on the Board of Directors of the Company without filling the vacancy created by resignation of Mr. Himanshu Shah and accordingly, the requirement of replacement by a new Independent Director is not applicable to the Company.