Further to our announcement submitted to the Exchange dated June 04, 2018, we wish to inform as follows:
Mr. Arun B. Shah, appointed as Chief Financial Officer of the Company, is B.Sc. from University of Mumbai and also a Chartered Accountant from Institute of Chartered Accountants of India and has more than 35 years of experience in Finance, Accounts, Taxation and Forex Risk Management. Mr. Shah is not related to any directors of the Company.
Mr. Ravi Dalmia (DIN: 00634870), appointed as additional independent director, is a Bachelor of Commerce having experience of over 30 years in textiles industry to his credit. Mr. Dalmia is not related to any directors of the Company.