HI-TECH PIPES LIMITED — Board/Management Information 2020

Apr 21, 2020

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To

21[st] April, 2020

National Stock Exchange of India Limited

Exchange Plaza, Plot No. C/1, G Block Bandra Kurla Complex-Bandra(E) Mumbai-400051

NSE Symbol: HITECH

Subject: Appointment of Ms. Tanvi Kumar as an Additional Director (Non‐Executive Independent Director) for Second Term

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 April 21, 2020, approving ReAppointment of Ms. Tanvi Kumar (DIN: 06413301) as an “Additional Director (Non‐Executive Independent Director)” for the second term of 5 (five) years on the Board of Directors of the Company with effect from April 21, 2020 upto April 20, 2025, subject to approval of the Shareholders of the Company.

Further, this is to confirm that Ms. Tanvi Kumar 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.

Disclosure required pursuant to Regulation 30 of the Listing Regulations read with Para A of Part A of Schedule III to the Listing Regulations read with the SEBI Circular having reference no. CIR/CFD/CMD/4/2015 dated September 9, 2015, with regard to change in Directors and Key Managerial Personnel is given herein under:

S. No.		Disclosure Requirement	Details
1.		Reason for change, viz. appointment, ~~resignation~~, ~~removal, death~~or~~otherwise~~	Appointment of Ms. Tanvi Kumar as an Additional Director (Non – Executive, Independent Director) of the Company,subject to approval of the Shareholders
2.		Date of appointment / ~~cessation~~(as applicable) & term of appointment	April 21, 2020 upto 20 April, 2025
3.		Brief profile	Ms. Kumar is a Partner in the Corporate and Commercial practice group in a leading Law firm Khaitan & Co. She specializes in mergers and acquisitions, joint ventures, inbound and outbound investment from India across a broad spectrum of sectors including information technology,

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			manufacturing, hospitality and leisure and consumer goods. In her areas of expertise, Ms. Kumar has represented and advised the following clients: Joint Ventures and Collaborations Inox Leisure Limited in relation to its acquisition of 100% stake of Satyam Cineplexes Limited through a secondary buy-out for USD 30 million approximately; Mergers and Acquisition HCL Technologies Limited, HCL Americas and their Group Companies, in relation to various acquisitions abroad InterGlobe Real Estate Ventures in relation to its acquisition of ‘Skyview Corporate Park’ through acquisition of the holding-SPV from Hines Group, along with Indiabulls Commercial Advantage Fund
4.	Disclosure of relationships between Directors (in case of appointment of a Director)		None

Kindly take the above information on record and oblige.

Thanking You

For Hi-Tech Pipes Limited

Sd/-

Arun Kumar Company Secretary

Note:-

1. Due to the outbreak of COVID-19 and restriction in free movement, this document has been submitted to the Stock Exchange with Sd/-

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