Jain Irrigation Systems Ltd. — Board/Management Information 2024

May 18, 2024

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Regd. Office: Jain Plastic Park, P.O.Box: 72, N.H.No. 6, Jalgaon – 425 001. India. Tel: +91-257-2258011; Fax: +91-257-2258111; E-mail: jisl@jains.com; Visit us at: www.jains.com CIN: L29120MH1986PLC042028

18[[th]] May, 2024

JISL/SEC/2024/05/B-2/B-6 18[[th]] May, 2024 To, To, BSE Ltd., National Stock Exchange of India Ltd., Corporate Relationship Department, Exchange Plaza, C-1, Block G, 1st Floor, New Trading Wing, Rotunda Bandra Kurla Complex, Building, P. J. Tower, Dalal Street, Bandra (East), Mumbai - 400 001. Mumbai - 400 051. Fax No.022– 22723121/22722037(Day) Fax No. : 022-26598237/38 022-22721072 (Night) Email : cc@nse.co.in Email: corp.relations@bseindia.com

Ref: Code No. 500219 (BSE) & JISLJALEQS (NSE) for Ordinary Equity shares Code No. 570004 (BSE) & JISLDVREQS (NSE) for DVR Equity Shares

Sub: Intimation under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 – Appointment of Independent Director

Dear Sir/Madam,

Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that, on the recommendation of the Nomination and Remuneration Committee, the Board of the Directors of the Company at their meeting held on 18[th] May, 2024 has appointed Mr. Shishir Dalal (DIN:00007008) as an Additional NonExecutive Independent Director of the Company, who shall hold the office till the conclusion of next Annual General Meeting and subject to the approval of the members in the ensuing Annual General Meeting, for appointment as an Independent Director to hold office for a term of five years (being not liable to retire by rotation) from the date of shareholder’s approval for such appointment.

We hereby confirm that Mr. Shishir Dalal (DIN:00007008) satisfies the criteria of Independence prescribed under the Companies Act, 2013 and SEBI Listing Regulations and that he is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other such authority.

The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are provided in “Annexure- I.”

Kindly take the above information on record and acknowledge.

Thanking you,

Yours faithfully, For Jain Irrigation Systems Limited,

AVDHUT VASANT GHODGAONKAR Digitally signed by AVDHUT VASANT GHODGAONKAR DN: c=IN, o=Personal, title=0699, pseudonym=4167080bde284ad9af87511f13c3ee2e, 2.5.4.20=b8f331f512bd03de8efff4b3f64d135cb46f74c58815e29edee5911bcc3ffd61, postalCode=425001, st=Maharashtra, serialNumber=824384b5181cddb68de057dd1684b25fa216f2a759e9d36733bf5121ce2a601c, cn=AVDHUT VASANT GHODGAONKAR Date: 2024.05.18 14:16:45 +05'30'

A V Ghodgaonkar Company Secretary

Annexure- I

	Sl. No.	Particulars		Details
	1.	Reason for change viz. appointment, re- appointment, resignation, removal, death or otherwise		Appointment of Mr. Shishir Dalal as an Additional Non-Executive Independent Director.
	2.	Date of appointment / re-appointment / cessation (as applicable) & term of appointment / re-appointment;		Additional Non-Executive Independent Director: From 18thMay, 2024 till conclusion of upcoming Annual General Meeting. Independent Director (Non-Executive): For a term of five years from the date of shareholder’s approval for such appointment.
	3.	Brief profile (in case of appointment)		Mr. Shishir Dalal is 68 years old and having rich experience of more than 30 years in the field of Corporate Finance, Audit & Tax. During his time of practice, he was the Senior Partner of Dalal & Shah Chartered Accountant firm, a reputed Chartered Accountants in India having multi office locations like Pune, Delhi and Ahmedabad. In 2008-2009 the firm become a member of PwC International where he was the Senior Partner for 4 years as an Assurance Partner. During his tenure as a Partner of Dalal & Shah and PwC & Co he was signing partner for some of the largest listed Companies like Bajaj Auto, Bajaj Auto Finance which (later became Bajaj Finance Limited) Kirloskar Oil Engines, Bank of Maharashtra, Kirloskar Pneumatic, Bharat Bijlee Limited, Parle Bisleri Limited. He was the signing partner for the IPO of Bajaj Finance, Hubtown etc. He acted as an Advisor in following Companies: ●Advisor to Parle Beverages in selling the Brand and Business to Coca cola USA along with McKinsey & Co. ●Sole advisor to OCB Oilfield Services FZCO for selling the offshore drilling Company to Gulf Capital sovereign fund of Abu Dhabi. ●Advisor to BCJ Hospital (Asha Parekh Hospital, Mumbai) for Operations & Management Contract with Shalby Hospitals Ahmedabad.

		●Advisor KYB Japan for acquiring majority stake in Conmat Vadodara. ●Advisor to Overseas Infrastructure Alliance specialises as an EPC in Africa as far as 3 years. ●Advisor to Media.Net a US 1 billion Conglomerate which has operations in Dubai ,India & USA. ●Advisor to S.H. Kelkar for selling partial stake to Blackstone which is one of the largest Private Equity Funds in the World. ●Present Corporate Advisor specialising in Mergers & Acquisitions Corporate Affairs to some of the Indian Corporates.
4.	Disclosure of relationships between directors (in case of appointment of a director)	Mr. Shishir Dalal is not related to any of the directors of the Company.

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