Nitco Ltd. — Board/Management Information 2021

Dec 31, 2021

December 31, 2021

To,

Corporate Service Dept.	The Listing Department,
BSE Limited	National Stock Exchange of India Limited
Jeejeebhoy Towers	Exchange Plaza, Bandra Kurla Complex,
Dalal Street,	Bandra (E),
lviumbai - 400 001	Mumbai - 400051
Script code: 532722	Script code: NITCO

Dear Sir/ Madam,

Sub: Disclosure under Regulation 30(2) of the SEBI (LODR) Regulations, 2015:

Pursuant to Regulation 30(2) read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of Directors of the Company wide circular resolution has approved the appointment of Mr. Prakash Iyer (DIN: 00956349), as an Additional Director (Non-executive and Independent) w.e.f. 31st December, 2021 to hold office till the conclusion of the ensuing Annual General Meeting and further subject to the approval of the members in the ensuing General Meeting for appointment as an Independent Director to hold office for a term of 5 consecutive years w.e.f. 31st December, 2021 upto 30th December, 2026. A brief profile and other information of Mr. Prakash Iyer is enclosed herewith as "Annexure A".

Kindly treat this information as a disclosure under Regulation 30(2) read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Office: NITCO Limited, NITCO House, Sheth Govindram Jolly Marg, Kanjur Marg (East), Mumbai- 400 042. Tel.: 91-22-67302500 I 67521555, Fax: 91-22-25786484. CIN: L26920MH1966PLC016547. Email: investorgrievances@nitco.in, Website:www. nitco.in

¹¹Annexure A"

Sr. No.	Particulars	Details of Mr. Prakash Iyer (DIN: 00956349)
1	Reason for change viz. appointment, resignation, death or removal, otherwise;	Appointment as an Additional (Non-Executive & Independent) Director
2	Date of appointment approval at (subject to AGM)	31st December, 2021upto30th December, 2026
3	Term of appointment	5 years
4	of Disclosure relationships between directors (in case of appointment of a director)	Mr. Prakash Iyer is not related to any other director or Key Managerial Personnel of the Company.
5	Affirmation .	Based on the information available with the Company, Mr. Prakash Iyer is not debarred from holding the office of a director by virtue of any SEBI order or any such other authority.
6	Brief profile (In case of appointment)	Mr. Prakash Iyer, aged 52 years is a qualified and Chartered (CA) Accountant Cost Accountant He works an (ICWA). as endent Fund Manager and CIO for the Indep aldirams Family Office. He has previously H with companies orked Hindustan w named Lever, ICRA Ratings, Arthur Andersen, IL & FS and Ernst & Young. H e has also served as an Private Equity for Reliance Group. H e has also worked as a CEO for Butterfly Kitchen Appliances where h e delivered a turnaround and set the ground for blazing growth. He has worked as an Advisor for Venture Catalyst.

C OI] !Orate Office: NITCO Limited, NITCO House, Sheth Govindram Jolly Marg, Kanjur Marg (East), Mumbai- 400 042. Tel.: 91-22-67302500 I 67521555, Fax: 91-22-25786484. CIN: L26920MH1966PLC016547. Email: investorgrievances@nitco.in, Website: www. nitco.in

Please take the same on your record

Thanking you.

Yours Faithfully, For NITCO LIMITED