IFCI Ltd. — Board/Management Information 2021

Jun 12, 2021

No. IFCI/CS/2021- 30 4

June 12, 2021

BSE Limited Department of Corporate Services Phiroze JeeJeebhoy Tower Dalal Street, Fort Mumbai - 400 001

CODE: 500106

Dear Sir/Madam,

Sub: Appointment of Director (MD & CEO).

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that Shri Manoj Mittal has been appointed as Managing Director & Chief Executive Officer of IFCI Ltd. w.e.f. June 12, 2021 for a period of 3 years or until further orders by Government of India, whichever is earlier. Copy of the Letter received from the Department of Financial Services regarding appointment of Shri Manoj Mittal is enclosed as $An nexture - I$ .

$2.$ Brief profile of Shri Manoj Mittal is enclosed herewith as Annexure-II.

1. Shri Manoj Mittal is not related to any Director on the Board of the Company.

Kindly acknowledge receipt.

Thanking You

Yours faithfully For IFCI Limited

(Rupa Deb) Company Secretary

Encl.: $a/a$

आई एफ सी आई लिमिटेड पंजीकृत कार्यालयः आईएफसीआई टावर, 61 नेहरू प्लेस, नई दिल्ली - 110 019 दूरभाषः +91-11-4173 2000, 4179 2800 फैक्सः +91-11-2623 0201, 2648 8471 वेबसाइटः www.ifciltd.com सीआईएनः L74899DL1993GOI053677

1948 से राष्ट्र के विकास में

IFCI Limited Regd. Office:

IFCI Tower, 61 Nehru Place, New Delhi - 110 019 Phone: +91-4173 2000, 4179 2800 Fax: +91-11-2623 0201, 2648 8471 Website: www.ifciltd.com CIN: L74899DL1993GOI053677

In Development of the Nation since 1948

F.No, 2/4/2020-1F-I Covernment of India Ministry of Finance Department of Financial Services

31 Floor, Jeevan Deep Building Parliament Street, New Delhi Dated: 11 th June, 2021

To

The Deputy Managing Director IFC1 Ltd. IFCI Tower, 61, Nehru•Place• New Delhi — 110 019

Subject: Appointment of MD & CEO in WC! Ltd. — reg.

Sir,

I am directed to refer to the subject and to convey the approval of the competent authority for the appointment of Shri Manoj Mittel (D.O.B: 28.10.1967) as MD & CEO, iFCI Ltd., for a period of three (03) years from the date of his taking over the charge of the post, or until further orders, whichever is earlier.

Yours faithfully,

(Anindite Sinharay) Director Tel: 23748718

Copy to:

• i. Shri Manol Mittal
• ii. PS to Hontle Finance Minister
• hi. PS to I-lontle MoS (Finance & CA)
• iv. PPS to Secretary (FS)
• v. PS to Additional Secretary (IF)
• vi. NIC for uploading the same on the webslte of Department of Financial Services
• vii. Guard File

Brief Profile — Shri Manoj Mittal

Manoj Mittal aged about 54 years is a thought leader with a track record of over 3 Decades in propelling organizational growth and profitability through strategic leadership, multi - functional expertise, financial acumen and building / optimizing organizational processes by facilitating operational synergies. He worked as a Deputy Managing Director at Small Industries Development Bank of India (SIDBI) from Jan 2016 — Jan 2021. He was closely Involved in the development of SIDBI Vision 2.0 and its successful implementation to emerge as a financially stronger impact institution. He has wide experience in identification, measurement and management of risks in a large financial sector organization with a successful track record in managing organizational complexities and business uncertainties. He also has comprehensive experience in design, management and impact evaluation of various sustainability and developmental programs funded by multilateral agencies. He is a Strong Votary of Credit Plus approach for holistic development with expertise in extending capital (Debt and equity) and development support to MSMEs / Startups, financial intermediaries - Banks / Non-Banking finance Companies/ Micro Finance Institutions, Alternate Investment Funds.