Nitiraj Engineers Limited — Board/Management Information 2024

Sep 2, 2024

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Date: 02/09/2024

To, National Stock Exchange of India Limited, Exchange Plaza, C-1, Block G, BandraKurla Complex, Bandra (E), Mumbai – 400051

(ISIN: INE439T01012 SYMBOL: NITIRAJ)

Dear Sir/Madam,

Sub: Re-appointment of Managing Director of the Company

We wish to inform that the Board of Directors of the Company at its Meeting held today i.e. September 2, 2024, based on the recommendation of the Nomination and Remuneration Committee, have re-appointed Mr. Rajesh Bhatwal (DIN: 00547575) as Managing Director & CEO for a further term of 5 (five) years with effect from September 1, 2024 upto August 30, 2029 (both days inclusive), subject to approval of the Members at the forthcoming Annual General Meeting of the Company.

The disclosures as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular on Continuous Disclosure Requirements for listed entities (SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015), concerning the above reappointment are enclosed as Annexure I to this intimation.

You are requested to take same on your record.

Thanking you, FOR NITIRAJ ENGINEERS LIMITED

Deepika Digitally signed by Amit Deepika Amit Dalmiya Date: 2024.09.02 Dalmiya 19:42:42 +05'30'

Deepika Dalmiya Company Secretary & Compliance Officer M.NO. A58029

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Annexure I

Disclosures in terms of Regulation 30 of the SEBI Listing Regulations read with SEBI Circular on Continuous Disclosure Requirements for listed entities concerning the reappointment of Mr. Rajesh Bhatwal

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----- Start of picture text ----- Sr. No. Particulars Mr. Rajesh Bhatwal1. Reason for change Re-appointment of Mr. Rajesh Bhatwal asManaging Director & CEO of the Company2. Date of Appointment and term Date of Re-appointment:of appointment September 01, 2024Re-appointment as Managing Director &CEO from September 1, 2024 upto August30, 2029, subject to the approval of themembers of the Company.His present tenure as Managing Director &CEO will conclude on August 31, 20243. Brief profile Mr. Rajesh Raghunath Bhatwal is theManaging Director of our Company. He is aBachelor of Engineering in Electronics (BEElectronics) from University of Mumbaiand has an experience of over 34 years inthe manufacturing Electronic WeighingScales and other allied products. Mr. RajeshBhatwal is guiding force behind thestrategic decisions of our Company andlooks after the all prominent activities ofour Company including planning andformulating the overall business strategyand developing business relations for ourCompany. With his strategic planning andstrong business development attitude, hehas been instrumental in the growth ofCompany. With his passion formanufacturing of quality products.4. Disclosure of Relationships Spouse of the Director Mrs. Shakuntalabetween Directors Rajesh Bhatwal.5. Information as required Mr. Rajesh Bhatwal is not debarred frompursuant to BSE Circular with holding the office of Director by virtue ofref. no. LIST/COMP/14/2018- any SEBI Order or any other such19 and the National Stock AuthorityExchange of India Ltd with ref.no. NSE/CML/2018/24, datedJune 30, 2018----- End of picture text -----