Apcotex Industries Limited — Board/Management Information 2021

Jul 9, 2021

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9[th] July 2021

	To,The Manager - Listing Department,The National Stock Exchange of India LtdExchange Plaza, 5th floor,Plot no. C/1, “G” Block,Bandra-Kurla Complex,Mumbai-400051Symbol: APCOTEXIND	To,Manager-Department of Corporate ServicesBSE LimitedJeejeebhoy Towers,Dalal Street, Fort,Mumbai - 400 001Security Code: 523694

Dear Sir,

Sub: Outcome of Board Meeting in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

This is to inform you that the Board of Directors of the Company at its meeting held today i.e. on 9[th] July 2021 approved the following:

1. Appointment of Mr. Sachin J Karwa as the Chief Financial Officer of the Company in place of Mr. Suraj Badale, who will continue to work as DGM – Accounts.

2. Constituted Risk Management Committee.

The requisite details as per Regulation 30 of SEBI (LODR) Regulations, 2015 is enclosed as Annexure A to this letter.

You are requested to take above on your records.

Thanking you,

For Apcotex Industries Limited

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Anand V Kumashi Company Secretary

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Annexure A

**Sr. No. **	Particulars	Details
1	Reason for change viz. appointment	It was proposed to appoint Mr. Sachin J Karwa as theChief Financial Officer of the Company in place of Mr.Suraj Badale who will continue to work as DGM –Accounts.
2	Dateofappointment&termofAppointment	The Board of Directors at its Meeting held on 9thJuly2021, based on the recommendation of NominationandRemunerationCommitteeandtheAuditCommittee, has appointed Mr. Sachin J Karwa as theChief Financial Officer of the Company.
3	Brief profile (in case of appointment);	Mr. Sachin J Karwa is a Chartered Accountant fromthe Institute of Chartered Accountant of India, passedout in 2002 and Bachelor in Commerce from MumbaiUniversity. He has also done INSEAD LeadershipProgram for Senior Executives – India, Singapore /France 2011-2012He has more than 18 years of experience in thefollowing:Financial and Strategic Planning,Complex Business & Tax IssuesFund RaisingMerger & Acquisition and Joint VenturesBusiness Partnering, Expansion and Start UpsBudget Development and ManagementSupply Chain and Distribution NetworkSAP 4 HANA & Digitization
4	Disclosure of relationships betweendirectors (in case of appointment of aDirector)	Not applicable

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