CRESSANDA RAILWAY SOLUTIONS LIMITED — Board/Management Information 2021

Nov 25, 2021

Regd. Off: 307, Maker Bhavan No. III, 21 New Marine Lines, 3rd Floor Mumbai 400020. Phone: +91-22 32938373 Fax: +91-22 32938373 E-MAIL: cressandal23@gmail.com CIN: L51900MH1985PLC037036

November 25" 2021

To, The Board of Directors, Listing Compliances BSE Limited P.J. Towers, Dalal Street, Fort, Mumbai — 400 O01.

Subject: Intimation as per regulation 30(2)(4) read with clause 7 of Para A of Part A of Schedule III of SEBI (LODR) Regulations, 2015.

Ref: Cressanda Solutions Limited. Scrip Code: 512379.

Dear Sir/Madam,

Pursuant to Regulation 30 read with Schedule III Part A Para A (7) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that based on the recommendation of the Nomination and remuneration committee, the Board of Directors of the company at its meeting held on Thursday the 25'* November, 2021 has approved

• 1. Resignation of Mr. Ramesh Bhosle (DIN: 07952690) from the post of Chief Financial Officer (CFO) with effect from 25"" November, 2021.
• 1. Appointment of Mr. Milind Palav (DIN: 08644812) as an Additional Managing Director of the Company with effect from 25" November, 2021.
• 1. Appointment of Mr. Milind Palav (DIN: 08644812) as a Chief Financial Officer (CFO) in place of Mr. Ramesh Bhosle as a Chief Financial officer of the Company with effect from 25" November, 2021.
• 1. Appointment of Mr. Anup Patil (DIN: 08641660) as an Additional Independent Non-Executive Director of the Company with effect from 25'* November, 2021.

The details as required under regulation 30 and SEBI circular dated September 09, 2015 titled "Continuous Disclosure Requirements for Listed Entities - Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015" are given in the enclosed Annexure — A,

Regd. Off: 307, Maker Bhavan No. III, 21 New Marine Lines, 3rd Floor Mumbai 400020. Phone: +91-22 32938373 Fax: +91-22 32938373 E-MAIL: cressandal23@gmail.com CIN: L51900MH1985PLC037036

(2:

You are requested to please make necessary corrections in the contact details of the Company at the website of BSE.

This is for your information and record.

Thanking you, Yours truly, For Cressanda Solutions Limited

RAMESH LAXIMAN B H O S L E pseudonymesebHbea7elcabse232cbace7fbc7351 Name: Ramesh IT" BHO6STE

DIN: 07952690 Designation: Whole Time Director

Encl: As above

Regd. Off: 307, Maker Bhavan No. III, 21 New Marine Lines, 3rd Floor Mumbai 400020. Phone: +91-22 32938373 Fax: +91-22 32938373 E-MAIL: cressandal23@gmail.com CIN: L51900MH1985PLC037036

Annexure I

A) Brief Profile and Details as per Reg. 30 of the listing Obligation and Disclosure Requirement 2015 for appointment of Mr. Milind Palav (DIN: 08644812) as an additional Managing Director of the Company.

CRESSANDA SOLUTIONS LIMITED Regd. Off: 307, Maker Bhavan No. III, 21 New Marine Lines, 3rd Floor Mumbai 400020. Phone: +91-22 32938373 Fax: +91-22 32938373 E-MAIL: cressandal23@gmail.com CIN: L51900MH1985PLC037036
		Annexure I
Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.
Brief Profile and Details as per Reg. 30 of the listing Obligation and Disclosure Requirement 2015 for A) Managing Director of the appointment of Mr. 08644812) Milind Palav (DIN: an additional as Company.
Sr. No.	Details of events that need to be provided	Information of such event(s)
1	Reason change for viz. resignation, removal, death or otherwise	appointment, Appointment of Mr. Milind Palav (DIN: 08644812) Additional Managing Director of the Company.
2.	Date of Appointment	25 November, 2021
3	Terms of Appointment	(5) Five years subject to approval of shareholder in the ensuing Annual General Meeting.
4.	Brief profile	Mr. Milind Palav (DIN: 08644812) is 40 years of aged, and his qualification is Bachelors in Commers having a rich experience in the field of Finance which can be beneficial for the Company.
5.	Disclosure relationships of appointment Directors case (in of of director)	between Mr. Milind Palav (DIN: 08644812) is not related to a any other Director of the Company.
6	the office of Director by virtue of SEBI order	Whether director is debarred from holding Mr. Milind Palav (DIN: 08644812) is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority.

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B) Brief Profile and Details as per Reg. 30 of the listing Obligation and Disclosure Requirement 2015 for appointment of Mr. Anup Patil (DIN: 08641660) as an additional Independent Non-Executive Director of the Company.

	CRESSANDA SOLUTIONS LIMITED Regd. Off: 307, Maker Bhavan No. III, 21 New Marine Lines, 3rd Floor Mumbai 400020.
	Phone: +91-22 32938373 Fax: +91-22 32938373 E-MAIL: cressandal23@gmail.com CIN: L51900MH1985PLC037036
	(2:
Brief Profile and Details as per Reg. 30 of the listing Obligation and Disclosure Requirement 2015 for B) appointment of Mr. Anup Patil (DIN: 08641660) as an additional Independent Non-Executive Director of the Company.
Sr.	Details of events that need to be provided	Information of such event(s)
No.
l	Reason change for viz. resignation, removal, death or otherwise	appointment, Appointment of Mr. Anup Patil (DIN: 08641660) Additional Independent Non-Executive Director of the Company.
2.	Date of Appointment	25'* November, 2021
3	Terms of Appointment	(5) Five years subject to approval of shareholder in the ensuing Annual General Meeting.
4.	Brief profile	Mr. Anup Patil (DIN: 08641660) is 36 years of aged, bachelor's in commerce and his qualification is (Accounting & Finance) having over 4 (four) years of experience in marketing of various products and store management
5.	Disclosure relationships of appointment Directors case (in of of director)	between Mr. Anup Patil (DIN: 08641660) is not related to a any other Director of the Company.
6		Whether director is debarred from holding Mr. Anup Patil (DIN: 08641660) is not debarred the office of Director by virtue of SEBI order from holding the office of Director by virtue of any SEBI order or any other such authority.

Regd. Off: 307, Maker Bhavan No. III, 21 New Marine Lines, 3rd Floor Mumbai 400020. Phone: +91-22 32938373 Fax: +91-22 32938373 E-MAIL: cressandal23@gmail.com CIN: L51900MH1985PLC037036

C) Brief Profile and Details as per Reg. 30 of the listing Obligation and Disclosure Requirement 2015 for appointment of Mr. Milind Palav (DIN: 08644812) as Chief Financial Officer (CFO) of the Company due to resignation of previous CFO of the Company.

	CRESSANDA SOLUTIONS LIMITED Regd. Off: 307, Maker Bhavan No. III, 21 New Marine Lines, 3rd Floor Mumbai 400020.
	Phone: +91-22 32938373 Fax: +91-22 32938373 E-MAIL: cressandal23@gmail.com CIN: L51900MH1985PLC037036
Brief Profile and Details as per Reg. 30 of the listing Obligation and Disclosure Requirement 2015 for C) appointment of Mr. Milind Palav (DIN: 08644812) as Chief Financial Officer (CFO) of the Company due to resignation of previous CFO of the Company.
Sr.	Details of events that need to be provided	Information of such event(s)
No.
1	Reason change for viz. resignation, removal, death or otherwise	appointment, Appointment of Mr. Milind Palav (DIN: 08644812) Managerial Key Chief Financial and Officer as Company (KMP) Personnel due the of to Resignation of previous CFO of the Company.
2.	Date of Appointment	25" November, 2021
3	Terms of Appointment	N.A
4.	Brief profile	Mr. Milind Palav (DIN: 08644812) is 40 years of aged, and his qualification bachelor's in commerce having a rich experience in the field of Finance which can be beneficial for the Company.
5.	Disclosure relationships of appointment Directors case (in of of director)	between Mr. Milind Palav (DIN: 08644812) is not related to a any other Director of the Company.
6	the office of Director by virtue of SEBI order	Whether director is debarred from holding Mr. Milind Palav (DIN: 08644812) is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority.

Thanking you, Yours truly, For Cressanda Solutions Limited

Digitally signed by RAMESH LAXIMAN BHOSLE RAMESH LAXIMAN BHOSLE : . Name: Ramesn L.'Bhosté"™" DIN: 07952690 Designation: Whole Time Director seudonym=64bffbea268ce55e232cl b9c97fbc7.a51

Regd. Off: 307, Maker Bhavan No. III, 21 New Marine Lines, 3rd Floor Mumbai 400020. Phone: +91-22 32938373 Fax: +91-22 32938373 E-MAIL: cressandal23@gmail.com CIN: L51900MH1985PLC037036