Banswara Syntex Ltd. — Board/Management Information 2021

Jan 1, 2021

BSI/SEC/20

BSE Limited Listi ng Deptt. Floor 25, P.J. Towers Da lal Street MUMBAI - 400 001

31'" December, 2020

r-

National Stock Exchange of India Ltd. Listing Department Exchange Plaza Bandra-Kurla Complex Bandra (East), MUMBAI - 400 051

Code N0.503722

Symbol" BANSWRA S"

Sub: Re-appointment'of Whole-time Directors.

Dear Sir,

Pursu an t to Regulatio n 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regula tions, 2015, On recommendation of the Nomination & Remunera tion Committee and the Board of Directors of the company, the members of Company have approved the re-appointment of (1) Shri Rakesh Mehra as Chairman and Whole-time Director, (2) Shri Ravindra Kumar Toshniwa l, as Mana ging Director and (3) .Shri Shaleen Tosh niwal, as Joint Mana ging Director of the company for three (3) years from 1" January, 2021 to 31" December, 2023, pursuant to Section 196, 197, 198 and 203 read with Sched ule V and other applicable provisions, if any of the Companies Act, 2013 through Postal Ballot process on 29th December, 2020.

Brief Profile is enclosed for yo ur reference.

Thanki ng You,

Yours Faithfully ~rBANSWAR SYNTEX LIMITE .. "'\

• '::> , (lfr ⁱ --.... '·1 (H.P. KHARWAL) COMPAN YSECRETARY

Encl: As above.

U,\NSWJ\1t,\ S\'NTEX l.I ~trn:u (;(ml'O '\T1 (UTI(;f·:

5 lh J.'!I'IIl, G'lp;,lll haW,\ll, !ll :. Slret·l. .\I umll:li . 100 )02 'ret: t~ 2~ tjGJJf>57 1·7611''1.,\; ~9 22 2106 IIA6 f./lIdll; inlo@'banw(;ua f;lbrll"!Io .{';orn

RHlIS1 J;llt:U (H'f ICE & MILI_"j Indu\trial /\ tl>.l, f) .,hmI RfI;ul.ll:un WJfil . :U 1 DIll (HaJ'I\t1l1f ll) Tel ; +~)I IOO~ )J 257671; · Bl f.lIl'll! : llfo lJ ll '",M t.I Of t(

l\ ll lS 'i ⁹⁰⁰ 1OOIl Jl I GIN :l2 .lJlnKJI'l7hVi.COOI(oI:\4 www.bau- w.nasjmex.cor••

) :::BANSWARA

Brief profile of Shri Rakesh Mehra, Chairman and Who le Time Dir ector (DIN:00467321)

appointment Reason for change viz,	Re-appointment of Chai rman and Who le Time Director
appointment Da te of &	29th December, 2020
appointment Term of	The members of Compa ny have approved the re Shr i Rakesh appoint ment of leh ra, as Cha irman an d three (3) Whole Time Director of the com pa ny, for years from 1st January, 2021 to 31st December, 2023, throug h Ballot Postal process.
Brief Shri Rak esh Mehra Profile of	Shri Rakesh Chartered Me hra, Aged 63 Years, is a Accountant, having more than 34 years of experience in Industry. Chairman the Textile He has been of The Synthe tic & Rayon Tex tiles Export Promotion Co uncil (SRTEPC) for two terms. Prese ntly, he is Convener of the MMF Textiles Sub Committee of Confed eration of and Indian Textile Industry (CITI) President of Indian Spinners' Association (ISA).
relationship between Disclosure of directors	Ravindra hniwal, Except, Shri Kumar Tos Managing [t, and Director Shri Shal een Toshniwal, Managing appoi ntee. Director, are Brother in laws of the
Affirmation required under as BSE No, LIST/COMP/14/2018-19 Circular dated June 20, 2018	Mehra not debarred Shri Rakesh has been from holding any order the office of Direc tors by virtue of SEBI or an y other such authority.

'.

R,\ i'\SW,\H,\ SrNTI!X I.I M ITEU CllI U' OIl,\T1i OI'I'ICIi

51h Fl oor, Gopa llllla...iu, 1!l9. I' riJ\I't Slr.:d, !"a 'll lnhal . '100 00'2: Tel : 22 fi6J3t; '-7 1·7GI1-;,,, : 222206 'IIAG Email ; inr @'ban"'''"ilr IHl ,WIII

IIEm S'Ilm lm OI'fI GIi & MIU .s Ind"'lria l '\" '.1, D" l.. ul/load.II ;"m""" • :127 OilI (1I.,j",th" n) Tel : 2'162 2,IOt,:IO. 93. 257676· AI Ema.l : Inro..han""" .tl,,hl ll. .rnrn

An IS ^{1 150 900} 1; 2flOlI ,omp.ln)' I cr. : ~1 1O~1II1 ti I. OOI lH

Brief profile of Shri Ravindra Kumar Tos hniwal, Mana ging Director (DIN:00106789)

I

appointment Reason for change viz.	Re-appointment of Mana ging Director
appointment Date of &	29th December, 2020
Term appointment of	members The of Company have approved the re appointment of Shri Ravindra Kumar Tos hniwal, as Managing Director of the company, for three (3) years 31st December, 2023, from l Si January, 2021 to through Postal Ballot process.
Brief Profile of Shri Ravindra Kumar Toshniw al (DIN:OOI06789)	Toshniwal, Shr i Ravindra Kumar aged 57 yea rs, is a B.Tech (Chern.) From lIT, Mumbai. He has completed aPM course of Harvard University, USA.
	He is having 33yea rs' experience in textile over industry. He is looking after activities of the overall Company.
	He has travelled extensively to Europe, USA and other developed countries to promote the pro d ucts of the Company. He has attracted a number of rep uted a result buyers from all ov er the world as by of which the exports of the Company have increased substantially over the last thirteen years.
Disclosure of relations hip between directors	Except, Shri Rakesh Mehra, Chairman and Whole Time and Director, is Brother law Shri Sha leen Toshniwal, in [t, Managi ng Director is Brother of the Appointee.
required under Affi rmation as BSE LISTjCOMP/14/2018-19 Circ ular o. da ted Jun e 20, 2018	not Shri Ravindra Kumar Toshniwal has been debarred from holding the office of Directors by of any virtue SEBI order or any other such authority.

n t\1,;sw/\Il,\ S\'NTIlX 1.I~IITEl) COIll ' O/L\TF. OF I'ICf.

!'lh l-lonr, (:01".1U1,av•.iu , )9 ll Sr.ct,·t. ~1llm . •\00 nil'.! '11'1 : ,!11 2~ r,G33657 1·71iI Fax : .!l ¹ ~~ 2206 ⁺ IA6 Email : inh)vJb.Ht...\..arafabn cs, .om

Il F.CJI!'-Tt;I\EIl O HIC E 8< MIU\$ 11I<l1I<I, i,,1A,, ·.I, 0., ¹¹ ."11\,,.,1 .11,, ''''''''0 i1 (~ ¹¹ lRilJ."IIl,,"J Tel : 091 ~!l62 2·IOt'!lO• !lJ, 257676 · nI Em.lIl: IIlrO ha ll"v"ra "h rt..,. .f" rn

I

I·

AnIS / ISO ltll :2008Cornp.ny I CIN : I.2I.l02 JlI I976I'lCIl0lr.H ·\

Brief profile of Shr i Shaleen Kumar Toshniwal, Join t Managing Director (DIN:00246432)

appointment Reason for change viz.	Re-appointment of Joint Manag ing Director
Date of appointme nt &	29th December, 2020
appointment Term of	members The of Company have ap prove d the re appointment of Shri Shaleen Toshniwa l, as Joint Mana ging Director of the compa ny for three (3) yea rs 31s1 December, 2023, through from 1st January, 2021 to Postal Ballot process.
Brief Profile of Shri Shaleen ToshniwaI (DIN:00246432)	Shri Shaleen ToshniwaI, age d 43 years, is a Bachelor in Business Management from Bentley College, USA and has over 17years ' experience in the textile industry. He garment looks after all the five read ym ade units of the Company at Daman and Surat.
between Disclosure of relationship directors	Mehra, Chairman Except, Shri Rakesh and Whole Time Director, is Brother in law and Shri Ravindera Kumar Toshniwa l, Managing Director is Brother of the Appointee.
Affirmation as require d und er BSE LISTjCOMP/l4/2018-19 Circu lar No. dated June ~O, 2018	Toshn iwal has Shri Shaleen not been debar red from holding the office of Directors by virtue of any SEBI authori ty. orde r or any other su ch

111\ NSW,\ 1t,\ SYNTEX L1~IJTf.D Cll lll'OII,\TP, OFFICI'.

51h lJ nr G"I'" lllh'M ,II', 1'19, I'rll,<,' >' SI"','I, ~h ll , 0100 lJU'l 'fd: .9 ¹U6li3 lfj57 .7 JI '~"; 09122 221J6·1·1Rl; Email : If1 4' bauswaralubncs.co m

lIIiC;(Snm EU 0 1'1'1(;1:& ~Il l.S In<lll' t,i, 1,\,,·a, Il .IIlOdflu.,.I. B" m ",:" ,, · :l:.!7 f~ 1I (Il" j",'hall) Tel : .!1\ 2962 2-1Ot;90 · 9.1,2,,76 76 · III E,uall :infl1re)h" JI..\'amr~ II)l ': ,( OI II

i\ n IS IISII 9lJOI: 2non Comp"ny I CI, : 1':!I .1(W I)I !)76PI.CflO!llll'\ w w w,banc," ";lrac,ynll"x.( olli