Aurum PropTech Limited — Board/Management Information 2020

Mar 3, 2020

Date: March 3, 2020

Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Fort, Bandra East Mumbai – 400 001. Mumbai – 400 051. BSE Script Code: 539289 NSE Symbol: MAJESCO

Dear Sir/Madam,

Sub.: Change in the Board of Directors of the Company

a) Appointment of Mr. Vasant Gujarathi as an Additional Independent Director

Kindly note that the Board of Directors of the Company, by means of a resolution passed by circulation on March 2, 2020, has appointed Mr. Vasant Gujarathi (DIN: 06863505) (IICA Registration No.: IDDB-DI-202003-017365) as an Additional Independent Director of the Company with effect from March 3, 2020, for a period of five years, subject to approval of shareholders of the Company.

We also confirm that Mr. Vasant Gujarathi is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority. He is not related to any Director or Key Managerial Personnel of the Company.

His brief profile is mentioned below:

“Mr. Vasant Gujarathi holds a Bachelor’s degree in Commerce (Hons.) and is a fellow member of the Institute of Chartered Accountants of India.

Mr. Gujarathi has more than 35 years of post-qualification experience in PriceWaterhouse Coopers (PwC) in various roles and working with some of the largest multinational Companies in India. He joined M/s. Lovelock & Lewes, Chartered Accountants, in August 1976, initially a member firm of Coopers & Lybrand International and subsequently member firm of PwC. He was also a Partner with PwC India for 22 years (1991-2013) with PwC’s Assurance and Business Advisory Services group and had also represented PwC India on PwC Global Committee for ‘Industrial Products’ Industry. He has exposure in the field of Audit, Financial Systems, Operations, Risk Management, Regulatory Compliance, Internal Audit Services, IT strategy implementation, Talent Management, Corporate Governance review & Advisory Services, Ethics Assessment and Program Development, etc.”

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CIN: L72300MH2013PLC244874

b) Resignation of Mr. Jyotin Mehta as an Independent Director

Kindly note that Mr. Jyotin Mehta (DIN: 00033518), Independent Director of the Company, has resigned with effect from close of business hours of March 2, 2020, due to certain pre-occupations.

He has confirmed that there is no other material reason for the resignation.

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You are requested to take the above on record.

Thanking you.

Yours faithfully, For Majesco Limited

VARIKA RASTOGI Digitally signed by VARIKA RASTOGI DN: c=IN, o=Personal, postalCode=400705, st=Maharashtra, 2.5.4.20=59b6357da87a74c088cd1fbce5fcbe59a211a8c869a0bf71ed3694c206643a93, serialNumber=a9dfde58ff2746b54e338d27a95b35bc5fb567b393673c246f41d6ce2d3bcb62, cn=VARIKA RASTOGI Date: 2020.03.03 09:47:57 +05'30'

Varika Rastogi Company Secretary

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CIN: L72300MH2013PLC244874