Ksolves India Limited — Regulatory Filings 2021

Apr 26, 2021

Date: April 26, 2021

To The Manager- Listing Compliance National Stock Exchange India Limited Exchange Plaza, Plot No. C/1, G Block, Bandra Kurla complex, Bandra (E), Mumbai 400051.

Subject: Intimation of Change in Directorship.

Ref: Reg. 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Scrip Code: KSOLVES; ISIN: INEOD6101015

Dear Sir/Madam

In terms of captioned subject matter and referred Regulation, it is hereby informed that the Board of Directors of the Company at its Meeting held on Monday, April 26, 2021 has inter-alia considered and approved the following:

• 1. Resignation of Mr. Veer Pratap Singh from the position of Independent Director of the Company. His resignation will be effective from April 27, 2021. The Resignation letter by Mr. Veer Pratap Singh is already disclosed to exchange vide letter dated April 19, 2021.
• 1. Appointment of Mr. Varun Sharma as an Additional Director (Independent) of the Company. His appointment will be effective from April 27, 2021, subject to the approval of shareholders in the ensuing general meeting.
• 1. Re-appointment of Ms. Deepali Verma who is liable to retire by rotation and being eligible, offers herself for re-appointment at ensuing Annual General Meeting.

In respect of above items, please find enclosed herewith:

The details as per the requirement of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular CIR/CFD/CMD/ 4/2015 dated 9th September, 2015 for Change in Directorship is given in Annexure-I.

Brief Resume of the Director seeking re-appointment at the ensuing Annual General Meeting. -Annexure-II

This is for your information and records.

For Ksolves India Limited

Manisha Kide Company Secretary & Compliance Officer

Ksolves India Limited (Formerly known as Ksolves India Private Limited) Registered Office: H.No. B-8/1, Ground Floor, Saidulajab, Delhi, South Delhi- 110030, India Corporate Office: B-4, Third Floor, Sector-63, Noida-201301, Uttar Pradesh, India Telephone No: 9871977038 Email ld: cs@ksolves.com Website: www.ksolves.com

Annexure-I

Information as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015

Change in Directorshi

Annexure-I Information as required under Regulation 30 of the SEBI Obligations and Disclosure (Listing CIR/CFD/CMD/4/2015 Requirements) 2015 Regulations, SEBI dated read with Circular No. September 09, 2015
Change	in Directorshi
death Reason for change viz. appointment, resignation, or etherwise; remeval,	has tendered Veer Pratap Singh Mr. his 1. resignation from the post of Independent Director of Ksolves India due to Limited limited time & other work commitments and to assist in orderly refreshing succession of Ksolves Board.
	Sharma appointed Varun Mr. as 2. is (Independent) Additional Director of the Company.
of appointment/cessation Date applicable) (as & term of appointment;	Resignation of Mr. Veer Pratap Singh as 1. Independent from Effective Director: 27.04.2021.
	Appointment Sharma Varun Mr. as of 2. (Independent): Additional Director Effective from 27.04.2021
	Appointment Term Varun Mr. of of Sharmaz- Shall be appointed for the period of consecutive 5 years with effect from 27.04.2021 (subject to the approval of shareholders in general meeting) and shall not be liable to retire by rotation.
Brief profile of Mr. Varun Sharma;	Enclosed as Annexure-A
between Disclosure relationships directors of (in case of appointment of a director).	Mr. Varun Sharma is not Related to any Director

Ksolves India Limited (Formerly known as Ksolves India Private Limited) Registered Office: H.No. B-8/1, Ground Floor, Saidulajab, Delhi, South Delhi- 110030, India Corporate Office: B-4, Third Floor, Sector-63, Noida-201301, Uttar Pradesh, India Telephone No: 9871977038 Email ld: cs@ksolves.com Website: www.ksolves.com

Brief Profile of Mr. Varun Sharma

Annexure-A

Mr. Varun is a finance researcher and Ph.D. finance candidate at London Business School. His research interest relates to financial intermediation, climate finance, and political economy. The unifying theme of his research is to use credible empirical strategies to shape our understanding of how investor heterogeneity and preferences can influence firms' behavior.

His research papers have received various prestigious awards and external grants. These include the Moskowitz Prize for Best Paper in Sustainable and Responsible Investing awarded by the Northwestern University's Kellogg School of Management and the competitive external research grant from Pacific Center for Asset Management at the University of California at San Diego. Most notably, his research has been selected for presentations at prestigious academic conferences such as the NBER, Western Finance Association Meetings, European Finance Association Meetings, SFS Cavalcade North America, and the FIRS meetings. In addition, various media outlets have covered his research.

Before joining LBS, Mr. Varun worked as an Associate Director with PwC risk advisory practice in London. He has over 12 years of management consulting experience, focusing on risk management models and practices of Fortune 500 banks and investment management firms.

Mr. Varun holds a Master in Finance degree from London Business School and a MBA degree from IIT Delhi. He is also a CFA and FRM charter holder.

Ksolves India Limited (Formerly known as Ksolves India Private Limited) Registered Office: H.No. B-8/1, Ground Floor, Saidulajab, Delhi, South Delhi- 110030, India Corporate Office: B-4, Third Floor, Sector-63, Noida-201301, Uttar Pradesh, India Telephone No: 9871977038 Email ld: cs@ksolves.com Website: www.ksolves.com

Annexure-II

BRIEF RESUME OF THE DIRECTOR (MS. DEEPALI VERMA) SEEKING RE-APPOINTMENT AT THE 77 ANNUAL GENERAL MEETING.

45 Annexure-II BRIEF RESUME OF THE DIRECTOR (MS. DEEPALI VERMA) SEEKING RE-APPOINTMENT AT THE 77 ANNUAL Particulars April 10, 1979 Date of Birth Date of Appointment (Current Designation) 29th April, 2020 She holds degree in Master of Commerce Qualifications She is having experience of 8 years in IT industry. She Expertise in specific functional areas is involved in the business right from conceptualization stage to execution stage like planning, monitoring the all activities. Directorships held in other listed companies (excluding Nil foreign companies and Section 8 companies) Memberships/ Chairmanships of committees of other Nil public companies (includes only Audit Committee and Stakeholders' Relationship Committee. ) Number of shares held in the Company 5,04,000 equity shares Relationships with other Directors, Manager and other Wife of Mr. Ratan Kumar Srivastava, Managing Director of the Company Key Managerial personnel Details of remuneration paid / sought to be paid Number of meetings of the Board attend during the year 13
	GENERAL MEETING.
05329336 DIN

Ksolves India Limited (Formerly known as Ksolves India Private Limited) Registered Office: H.No. B-8/1, Ground Floor, Saidulajab, Delhi, South Delhi- 110030, India Corporate Office: B-4, Third Floor, Sector-63, Noida-201301, Uttar Pradesh, India Telephone No: 9871977038 Email ld: cs@ksolves.com Website: www.ksolves.com