SG Finserve Ltd.

Moongipa Securities has informed that the Board of Directors of the Company at its meeting held on April 25, 2016 has transacted the change in designation of Sanjay Jain from Whole-Time director of the Company to Director (Non Executive), and appointment of Ruchi Jain Additional Director of the Company as Whole-Time Director subject to the approval of her appointment at the forthcoming Annual General Meeting (AGM).

The above information is a part of company’s filings submitted to BSE.