Nirav Commercials Ltd. — Board/Management Information 2021

Jun 8, 2021

NIRAV COMMERCIALS LIMITED C orporate O f fice: B-1, T u lsi Vihar, D r. A.B.Roa d , Worli Na k a, Mumbai- 4 00018, Ind i a Tel.:(91-2 2 ) 40457100 Fax: (91-2 2 ) 24936888 Email: nira v @associate d group.com

CIN: L51 9 00MH1985 P LC036668

June 08, 20 2 1

BSE Ltd. Corporate Relationship Department Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001

Company Code no.512425

Dear Si r ,

Re: Regulation 30 of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations)

Pursuan t to Regulat i on 30 read w ith Part A o f Schedule I II of the SE B I (Listing O bligations & Disclosur e Require m ents) Reg u lations, 2 0 15, this is to inform that as re c ommended by the N o mination & Remun e ration Com m ittee, the B oard of Dir e ctors at its m eeting hel d on 7[th] Jun e , 2021 has a pproved th e followi n g:

1. C hange in d e signation o f Shri Lalit K umar Dag a (DIN: 00089905) fro m Chairman & Managin g D irector (Ex e cutive) to N on-Executi v e Chairman / Director of t he Compan y w.e.f 07.0 6 .2021.

2. C hange in d e signation of Shri Rag h av Daga (DIN: 000845 5 3) from N o n-Executiv e Director t o M anaging D i rector of th e Company fo r the term o f 3 years i.e 7.06 2021 t o 06.06.202 4 .

The d etails as required under SE B I Listin g Regulati o ns read with SE B I Circula r No.CIR / CFD/CMD / 4/2015 date d 9th Septe m ber, 2015 a long with t h e brief profi l e of Manag i ng Director - Shri Ra g hav Daga i s given in A n nexure -A t o this letter.

Thanki n g you,

For Nirav Commercials Ltd.

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Amey Borkar Company Secretary & Compliance Officer Encl.: A /A

Regd. Offi c e : W-50 MI D C Industrial Area, Taloja – 410 208, Dist. Raigad ( M aharashtra) Tel.: (91-22) 249 4 9538

NIRAV COMMERCIALS LIMITED

Corporate Office: B-1, Tulsi Vihar, Dr. A.B.Road, Worli Naka, Mumbai-400018, India Tel.:(91-22) 40457100 Fax: (91-22) 24936888 Email: nirav@associatedgroup.com

CIN: L51900MH1985PLC036668

Annexure A

	Name of the Director	Shi Raghav Daga
	DIN	00084553
	Reason for change viz: appointment, ~~resignation,removal,~~ ~~death or otherwise~~	Change in designation of Shri Raghav Daga (DIN: 00084553) from Non-Executive Director to Managing Director of the Company
	~~ea or o~~
	Date of appointment~~/cessation~~ ~~(as applicable) &~~ ~~terms of appointment~~	Period of three years commencing from 7th June, 2021 i.e. from 07.06.2021 to 06.06.2024.
	Brief Profile	Shri Raghav Daga is a Commerce Graduate from the Mumbai University, Chartered Accountant from Institute of Chartered Accountants of India & MBA from Carnegie Mellon University, USA. He has vast experience of over 22 years in Aluminium Industries & finance.
	Disclosure of relationships between directors (in case of appointment of director)	He is the Son of Shri Lalit Kumar Daga, Chairman/Director of the Company.

Regd. Office : W-50 MIDC Industrial Area, Taloja – 410 208, Dist. Raigad (Maharashtra) Tel.: (91-22) 2494 9538