STARSOURCE MULTITRADE LIMITED — Board/Management Information 2019

Aug 28, 2019

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Date: 28[th] August, 2019

To, Bombay Stock Exchange Limited Department of Corporate Services 25[th] floor, P. J. Towers, Dalal Street, Mumbai-400001

SCRIPT ID: 506365

SUBJECT: DISCLOSURE OF EVENTS / INFORMATION UNDER REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

Dear Sirs,

This is to inform you that pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you following matters held in the 77[th] Annual General Meeting of the Company at the Registered Office of the Company at 4.00 p.m. -

1. Passed Special Resolution for Appointment of Shri. Mathura Prasad Sharma as a NonExecutive Independent Director of the Company for a term of 5 consecutive years from conclusion of the 77[th] Annual General Meeting till the conclusion of 82[nd] Annual General Meeting pursuant to Section 149 and 152 read with Schedule IV and any other applicable provisions/rules of the Companies Act, 2013. Brief profile is attached in Annexure – A.

2. Shri. Nandkumar Pareek (DIN – 00105330)appointed as an Additional Non-Executive Independent Director of the Company in the meeting of Board of Directors held on 24[th] May, 2019 ceased to be Director of the Company due completion of term of his appointment, which was valid till the 77[th] Annual General Meeting of the Company.

3. Passed Special Resolution for Appointment of Smt. Shanta Somani Non-Executive Independent Director of the Company pursuant to Section 149, 152 (1) of the Companies Act, 2013 read with Rule 3 of The Companies (Appointment and Qualification of Directors) Rules, 2014and any other applicable provisions/rules of the Companies Act, 2013and the requirement of Circular issued by Securities and Exchange Board of India (SEBI) in its vide Circular No. - CIR/CFD/POLICY CELL/7/2014 dated 15[th] September, 2014. Brief profile is attached in Annexure – A.

4. . Passed Special Resolution for Re-Appointment of Shri. Balkishan Lohia (DIN – 00079120) as Non-Executive Independent Director of the Company for a term of five consecutive years pursuant to Section 149 and 152 read with Schedule IV and any other applicable provisions/rules of the Companies Act, 2013. Brief profile is attached in Annexure – A.

This is for your kind records and reference.

Thanking You. Yours Faithfully,

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Place: Mumbai Encl: as above

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ANNEXURE -A

Brief profile of Directors

1. Shri Mathura Prasad Sharma

1. Shri Mathura Prasad Sharma
Reason for Change	Appointment as Non-Executive Independent Director
Date and term of Appointment	Appointment as Independent Non Executive Independent Director for a period of 5 years from conclusion of the 77thAnnual General Meeting till the conclusion of 82ndAnnual General Meeting
Brief profile	Shri. Mathura Prasad Sharma isanEducational Consultant and has tremendous knowledge and experience in the field of mathematics
Disclosure of Relationship between Directors	No

2. Shanta Somani

Reason for Change	Appointment as Non-Executive Women Director
Date and term of Appointment	Appointment as Non-Executive Women Director from conclusion of the 77thAnnual General Meeting.
Brief profile	Shanta Somani is well versed with administrative skills and has 30 years of experience in managing in business.
Disclosure of Relationship between Directors	Except Shri. Shreeniwas Somani, no other Directors and Key Managerial Personnel and their relatives are concerned or interested or deemed to be concerned or interested in the proposed Resolution

3. Balkishan Lohia

3. Balkishan Lohia
Reason for Change	Re-appointed as Non-Executive Independent Director
Date and term of Appointment	Appointment as a Non-Executive Independent Director for a second term period of 5 years from conclusion of the 77thAnnual General Meeting till the conclusion of 82ndAnnual General Meeting
Brief profile	Shri. Balkishan Lohia is a Commerce graduate from Mumbai University and has three decades of experience in managing day to day operations of limited companies
Disclosure of Relationship between Directors	No