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Bihar Sponge Iron Ltd Board/Management Information 2020

Dec 28, 2020

62318_rns_2020-12-28_767c8513-8aac-46f7-bf3c-0f19acb3824e.pdf

Board/Management Information

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BIHAR SPONGE IRON LIMITED.

REGISTERED OFFICE & PLANT : UMESH NAGAR, CHANDIL-832401, DISTT. SARAIKELA - KHARSAWAN, JHARKHAND PHONE (EPABX) : 06591-232410, 232417, Fax : 06591-232412 E-mail : [email protected] / Web : bsil.org.in, CIN : L27106JH1982PLC001633

BSIL/CS/SE/2020 28th December, 2020

The General Manager Listing Centre BSE Limited P J Towers, Dalal Street, MUMBAI- 400 001

SCRIP CODE: 500058

Sub.: Outcome of the Circular Resolution - Appointment of Mr. Vijay Kumar Modi as an Independent Director.

Dear Sir / Madam,

In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we wish to inform you that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors have passed a circular resolution today, i.e. on December 28, 2020 , approving appointment of Mr. Vijay Kumar Modi (DIN:00004606) as an "Additional Director (Non-Executive Independent Director)" on the Board of Directors of the Company with effect from 28" December, 2020 for a term of 5 (five) years up to December 27" 2025, subject to approval of the Shareholders of the Company.

Mr. Vijay Kumar Modi is not debarred from holding the office of Director by virtue of any order of the Securities and Exchange Board of India (SEBI) or any other such authority.

4 gel —

Brief profile as required under SEBI (Listing obligations and Disclosure Regulations) 2015 and SEBI circular CIR/CFD/CMD/4/2015 dated 09th September, 2015 are as under:

BriefprofileasrequiredunderSEBI(ListingobligationsandDisclosureRegulations)2015andSEBIcircularCIR/CFD/CMD/4/2015dated09thSeptember, 2015 are as under:
S.NO Particulars Disclosure
l ReasonforChangeviz.,appointment,resignation,removal, death or otherwise. Appointment-
e Dateof appointment/cessation&Term of appointment 28.12.2020
3 BriefProfile(incaseappointment):\ of ShriVijayKumarModiisaChemicalEngineerandhasmorethan44yearsofvast experiencein different industriesandhasbeenassociatedwithvariousindustries.TheassociationofShriVijayKumar Modiwillstrengthen the Board ofCompanyandtheCompany —willimmenselybebenefitedfrom,hisexperience, vision and leadership.
4. DisclosureofrelationshipsbetweenDirectors(incaseofappointment of director) N.A.

This is for your information and record.

Thanking you

Yours faithfully | For BIHAR SPONGE IRON LTD

Himani Mittal Company Secretary & Compliance Officer