K. M. Sugar Mills Ltd. — Board/Management Information 2021

Feb 1, 2021

K.M. Sugar Mills Ltd.

Factory & Works: P.O. Motinagar-224201, Dist. Ayodhya (U. P.) Phone: 7571000692, Email: director@kmsugar.com CIN No.: L15421UP1971PLC003492 GSTIN No.: 09AAACK5545P1ZZ

Date: 01.02.2021

National Stock Exchange Of India Limited.	Bombay Stock Exchange Limited,
Exchange Plaza, C-1, Block-G,	27th Floor, Phiroze Jejeebhoy Tower,
Bandra Kurla Complex , Bandra (E),	Dalal Street , Fort , Mumbai-400001
Mumbai-400051	Phone No.022-22728527
Phone No.022-26598100	Bandra (E), Mumbai-400051
Scrip Code: INE157h01023	Scrip Code:532673

Dear Sirs,

Sub: - Intimation of Appointment of Independent Directors.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 this is to inform you that the Board of Directors of the Company has passed resolution by circulation on o1st February, 2021 thereby appointed the Shri Bibhas Kumar Srivastav as the Additional Independent Directors on the Board of the Company on 01.02.2021 pursuant to the provisions of the Companies Act, 2013 and SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Appointment of Shri Bibhas Kumar Srivastav as an Additional Director (Non-Executive Independent) Shri Bibhas Kumar Srivastav has been appointed as an Additional Director (Non-Executive Independent) for a period of 5 years w.e.f. 01.02.2021 subject to the approval of the Shareholders of the Company at the ensuing Annual General Meeting. His brief profile is enclosed as Annexure 1. Shri Bibhas Kumar Srivastav is not related to any of the Directors/ Key Managerial Personnel's of the Company

Thanking you.

Yours Faithfully, For K.M Sugar Mills Limited

(Company Secretary)

BRIEF PROFILE OF SHRI.BIBHAS KUMAR SRIVASTAV

• 1. Name: Bibhas Kumar Srivastav
• 1. Father's name: Late Rajeshwari Prasad Srivastav
• 1. Date of Birth: 20th December, 1955
• 1. Age as on 01.01.2021: 65 years
• 1. Educational Qualification:
• a. M.Sc. (Agriculture) in Animal Husbandry and Dairy Science from Banaras Hindu University, 1977.
• b. Advanced Diploma in Management in 2015 from All India Management Association-Centre for Management Education, New Delhi. This diploma is a pre-requisite to Ph.D. as required under University Grants Commission, India Rules.
• c. Pursuing Ph.D. Programme under All India Management Association-Aligarh Muslim University arrangement. The topic of the research project is 'Financial Inclusion: Measuring Inclusiveness in Selected Districts.' The Internal Guide to my research project is Dr. Mohammad Khalid Azam, Professor - Department of Business Administration, AMU-Aligarh. The External Guide to the research project is Dr. Vikas Srivastava, Professor, Indian Institute of Management, Lucknow.
• 1. Professional Qualification: Certificated Associate of Indian Institute of Bankers (CAIIB) conducted by Indian Institute of Banking and Finance, Mumbai.
• 1. Professional Experience: Joined Allahabad Bank as an Agriculture Field Officer on 28.04.1979, also served at Allahabad Bank, in the capacity of General Manager, till 27thJanuary, 2013 up to my elevation as Executive Director, a Board level position, in Corporation Bank since 28.01.2013 and retired from the post of Executive Director in Corporation Bank on 31.12.2015.
• 1. Recent assignments:
• a. Currently I have been appointed as an Independent Director of a housing finance company Cent Bank Home Finance Ltd. with effect from 13th August 2018. The Company is a subsidiary of a Public Sector Bank named Central Bank.
• b. I have worked as Chairman of a Bengaluru (India) based Collateral Management company named Prestige Bulk Handling Corporation Private Limited (www.pbhcindia.com) for some time from 01/01/2017 to 21/03/2018. The Company provides warehouse and collateral management services for farming communities. The resignation was accepted by the Board of the Company in its meeting held on 9th July 2018.

8. Nature of Expertise & Experience:

In Development of Agriculture and Rural Credit, Development and management of rural credit, Semiurban branch management, handled retail banking, both asset and liability, for businesses as well as households and implementing various programmes for Scheduled Tribes, Urban branch management providing banking services to the students, micro and small city entrepreneurs and medium scale enterprises, a full range of banking services to city households, implementation of various Government Sponsored programmes for urban unemployed youth.

Policy formulation, implementation and monitoring of various credit programmes for Agriculture, Micro and Small Enterprises and Other Priority Sector and implementation of various livelihood programmes sponsored by Central and State Governments. Metro branch management. It included providing banking services to large, retail as well as big clients of the Bank.

Board level role- overall supervision in running this medium sized bank. Looking after all the facets of banking including priority sector, retail credit and financial inclusion to wholesale credit, Investment to Risk Management and Information Technology, overall bank management.