Arcee Indusrtries ltd. — Board/Management Information 2023

Feb 10, 2023

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February 10, 2023

Corporate Relationship Department Bombay Stock Exchange Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400 001 Scrip Code: 520121

Sub: Intimation for Change in Designation of Mr. Gourav Jindal (DIN: 08382031) pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015.

This is to inform you that the Board of Directors of our Company in the meeting held on Friday, 10[th] February 2023, based on the recommendation of Nomination & Remuneration Committee, approved the Change in Designation of Mr. Gourav Jindal (DIN: 08382031) from Non-Executive Non Independent Director to Non-Executive Independent Director on the Board of the Company for a period of 5 Years w.e.f 10[th] February, 2023 to 9[th] February, 2028 pursuant to applicable provisions of the Companies Act, 2013 read with the Rules issued thereunder and SEBI Regulations, subject to approval of shareholders at the ensuing Annual General Meeting of the Company or within three months from the date of his appointment, whichever is earlier.

Further, in compliance with circular No. LIST/COMP/14/2018-19 issued by BSE Limited, we wish to confirm that Mr. Gourav Jindal had not been debarred from holding the office of Director by virtue of any SEBI order or any other authority.

Details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular CIR/CFD/CMD/4/2015 dated September 09, 2015 are enclosed as Annexure A:

Kindly take note of the same.

Thanking you,

Yours faithfully,

For: ARCEE INDUSTRIES LIMITED

Digitally signed Srishti by Srishti Date: 2023.02.10 13:57:41 +05'30'

(SRISHTI) COMPANY SECRETARY & COMPLIANCE OFFICER

Annexure – A

Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015 read along with SEBI Circular CIR/CFD/CMD/4/2015 dated September 9,2015.

	Name of Director	Mr. Gourav Jindal
	Reason for change viz. appointment, ~~resignation, removal, death or otherwise;~~	Re –Designation as an Independent Director
	Date of appointment/re appointment/~~cessation (as applicable)~~	w.e.f. 10th February, 2023
	Terms of Appointment	Terms of Appointment For 5 Years w.e.f. 10th February 2023 Subject to ShareholdersApproval
	Brief Profile	Approx 8 years’ experience in manufacturing of PVC Pipes and trading in steel tubes with rich experience in administration
	Disclosure of Relationship between Directors	Mr. Gourav Jindal is not related to any director.

Digitally signed Srishti by Srishti Date: 2023.02.10 13:58:11 +05'30'