PSP Projects Limited — Board/Management Information 2019

Aug 9, 2019

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Corporate[Relations] Department BSE Limited

Floor 25, P.]. Towers, Dalal Street, Mumbai- 400 001 Scrip[code:] 540544

August9, 2019

Listing Department

National Stock Exchange of India Limited Exchange Plaza, Bandra[Kurla] Complex, Bandra (East), Mumbai - 400 051 Scrip Symbol: PSPPROIECT

Dear Sir/ Madam,

- Subject: Intimation regarding Re-appointmentofDirectors ofthe company Regulation 30 of the[SEBI] (Listing Obligations and[Disclosure] Requirements) Regulations,[2015.]

Pursuant to Regulation 30 read with Part[A] of Schedule[III] of the[SEBI] (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that based on the recommendation ofthe Nomination and Remuneration Committee, the board of directors in its meeting[held ] today[i.e.] August[9,][ 2019 has ] re-appointed[the directors ofthe ] companyas[under:]

1. Re-appointmentof Chairman, Managing Director & CEO

Re-appointed[Mr.][Prahaladbhai][S.][Patel] as[the][Chairman,] Managing[Director][8:][CEO][of][the] company[for further term][of five] years[to][be][effective][from july][ 09, 2020,][subject][ to][the approval] ofthe members at the ensuing 11th Annual General Meeting ofthe company.

2. Re-appointmentofIndependent Directors

Re-appointed[Mr.][Vasishtha][ P.] Patel,[Mr.] Chirag[N.][Shah][and][Mr.] Sandeep[H.][Shah,] Independent Directorsofthe companyforsecondterm offive consecutiveyears to[be effective][from] September 1, 2020, subject to the approval of the members[of] the company at the ensuing[11th][Annual] General Meeting ofthe company.

The above mentioned directors are not debarred or disqualified from being reappointed or continuingas[directors][of the] company by[the][Board] /[Ministry][of ] Corporate[Affairs][or ] any[such] statutory authority.

The information required pursuant to Part[A] of Schedule[III] of the[SEBI] (Listing Obligations and

Disclosure Requirements) Regulations, 2015 is enclosed herewith as Annexure[A.]

Kindly take the same on your[record.]

Thanking[You,]

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For PSP Projects [Limited]
Mittali ‘C’hristachary"—
Company Secretary
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Encl..[-] As mentioned above.

‘PSP House’ Opp. Celesia Courtyard, Opp. Lane[of] VikramnagarColony,[ISCON—][Ambaii] Road,[Ahmedabad-380][ 058.] Phone: 079- 2693 6200[2693][ 6300,][2693 6400][|][Fax No.:][079-][ 2693][6500] I Email: info@pspprojecis.com j URL: www.pspprojects.com CIN: L45201GJ2008PLC054868

:rPSP EM .1» PSP Projects Ltd. ISO 9001 :2015, 14001 :2015, 45001 : 2018 Certified Company

ANNExoitEA

1. Re-appointment of Chairman, Managing Director & CEO:

7 Particulars Mr. Prahaladbhai S. Patel Reason for change Mr. Prahaladbhai S. Patel has been reappointed as the Chairman, Managing Director and[Chief][Executive][Officer] (CEO)[of][the] company Date of reappointmentand Mr. Prahaladbhai S. Patel has been reappointed for further term term of appointment of five (5) years, effective from july 09, 2020 subject to the approval[of][the][members] by way[of] special[resolution] at[the] ensuing[11th][ Annual][General] meeting[ofthe] company. Brief Profile Mr. Prahaladbhai S. Patel, aged 56 years is the founder of PSP Projects[Limited.][He is] the Promoter, Chairman, Managing[Director] and CEO of the company. He is also a member of the Audit Committee, Stakeholders Relationship Committee and CSR Committee of the company. Mr. Prahaladbhai S. Patel holds a Bachelor’s degree in Civil Engineering.[Prior] to incorporation[of the] Company,[he][had][been] carrying on[the][business][of][civil] construction by way[of] a proprietorship[firm.][He][ has] more[than][ 31] years[of ] experience[in][ the] field of Construction and is responsible for vision, business development, technical expertise, industry knowledge and customer relationships of the company.[PSP] Projects Limited[has] achieved many milestones under his leadership. In the past, he has been felicitated with[CXO] ofthe year at the[11th] Realty+ Conclave[&] Excellence Awards, 2019 - Gujarat for his valuable contribution and achievement in the building & construction sector and with the Most Respected Entrepreneur. Award in Construction by[HURUN] REPORT INDIA for creating an innovative construction company that has delivered many land mark projects in India within a short span.[He][ has][also been][featured][ in][ the][ book titled][“Business][ Game] Changer: Shoonya se[Shikhar”][authored] by[Prakash] Biyani[and] Kamlesh Maheshwari for completing government’s infrastructure project[before][the][ scheduled][time.][Mr.][Prahaladbhai][S.][Patel][is][also] connected with various reputed charitable trusts. Disclosure of , Mr. Prahaladbhai S. Patel is spouse of Mrs. Shilpaben Patel, relationships[between] WholeTime Director and father of[Ms.] Pooja Patel, Executive Directors Director of the company.

‘PSP House’. Opp. Celesta Courtyard, Opp. Lane[ of] VikramnagarColony,[ISCON] — Ambali Road, Ahmedabad-BSO 058, Phone : 079 - 2693 6200, 2693 6300, 2693 6400[|] Fax No. : 079 - 2693 6500 | Email : info@pspprojects.com | URL : www.pspprojects.com ClN : L45201GJ2008PL0054868

PSP Projects Ltd. ISO 9001 : 2015, 14001 : 2015, 45001 : 2018 Certified Company

’ 2. ~ swam Vasishthampdwa P. Patel Mr. Chirag N. Shah

Mr. Chirag N. Shah

	’ *2. ~	*s	wammp	wa
	,Particulars		Mr.VasishthaP.Patel	Mr.ChiragN.Shah	Mr.Sandeep H.Shah
‘	Reason for		Reappointed as the Non-	Reappointed as the Non-	Reappointed as the Non-
	change		Executive Independent	ExecutiveIndependentDirector	Executive Independent
			Director		Director
	Dateof reappointme 111:and termof appointment		Reappointed for second term of five consecutive years to be effective from September 1, 2020,	Reappointedfor secondterm of fve consecutive years to be effective from September 1, 2020, subject to the approval of	Reappointedfor secondterm of fve consecutive years to be effective from September 1, 2020, subject to the
			subject tothe approvalof	the members ofthe companyat	approval ofthe members of
			the members of the	the ensuing 11th Annual	the companyat the ensuing
			company at the ensuing	General Meeting of the	11thAnnual General Meeting
			11th Annual General	company.	ofthe company.
	Brief Profle		Meeting of the company. Mr. Vasishtha P.Patel, aged	Mr. Chirag N. Shah, aged 52	Mr. Sandeep H. Shah, aged 58
			56 years, serves as a Non-	years, serves asa Non- Executive	years, serves as a Non-
			Executive Independent	Independent Director of the	Executive Independent
			Director of the company	company since September 2015.	Director ofthecompany since
			since September 2015. He	He is the Chairman of the	September 2015. He is the
			is the Chairman of the	Nomination and Remuneration	member of the Audit
			Audit committee and	committee and Stakeholders	Committee, Nomination and
			memberoftheNomination	Relationship Committee of the	Remuneration committee and
			and Remuneration	company.	CSR Committee of the
			committee ofthecompany.		company.
				He holds a Bachelor’s Degree in
			Heholds a Master's Degree in Business Administration	Pharmacy. He has over 30 years of experience in pharmaceutical	He holds a Bachelor's Degree in Commerce and a Bachelor's
			with specialisation in fnance. He has over 20 years of experience in management and fnance. Previously, he held various managerial positions, handling the business	Industryand managementand is involved inthemanufacturing of laboratory equipments and consumbles. He is currentlyalso a Director of Neuation Technologies Private Limited and Accumax Lab Devices Private Limited.	Degree in Law. He has more than 20 years in the feld of information technology and fnance and is currently the Managing director of the Creative Infotech Private Limited which is involved in the business of information
			opportunities and operations of the		technology.
			international division of
			several companies.
	Disclosure of relationships between		Not related to any director/Key managerial Personnel ofthecompany	Notrelatedto any director/Key managerial Personnel of the company	Not related to any director/Key managerial Personnel ofthecompany
	Directors

‘PSP House’, Opp. Celesta Courtyard, Opp. Lane[of] VikramnagarColony,[ISCON][-][ Ambali][Road,][Ahmedabad-380][058.] Phone : O79 - 2693 6200, 2693 6300, 2693 6400 | Fax No. : 079 - 2693 6500 1 Email : info@pspprojects.com | URL : www.pspprojects.com CIN[:] L45201GJ2008PLC054868