Key Quantitative Figures

  • Director Identification Number (DIN) of appointee: 11040362.
  • Term of appointment: 5 consecutive years.

Parties Involved

  • The appointment was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee of the Company.
  • Appointee: Ms. Ritu Tiwari (DIN: 11040362).
  • The company's Managing Director & CFO is Mr. Nitin Ashokkumar Khanna (DIN: 09816597).

Purpose or Rationale

The appointment is to fill the position of an Additional Director in the category of Non-Executive Independent Director.

Details of Appointee

  • Name: Ms. Ritu Tiwari
  • Category: Non-Executive Independent Director
  • Profile: Ms. Tiwari is a qualified Company Secretary with extensive experience in corporate compliance, governance, and academics. She is currently the Company Secretary & Compliance Officer with Khairatunda Barwa Adda Road Limited. She also serves as an Independent Director on the boards of Kabra Drugs Limited, KCD Industries India Limited, and Blue Pearl Agriventures Limited. She is actively engaged in academics as a faculty member and professor in management, law, and commerce disciplines.
  • Relationship with other Directors: She is not related to any other directors of the company.
  • Eligibility: She is not debarred from holding the office of director by virtue of any SEBI order or order from any other authority.

Conditions and Approvals

The appointment is subject to the approval of the shareholders of the company.

Financial Impact

Financial impact is not quantified in the disclosure.