TARC LIMITED — Board/Management Information 2021

Jan 21, 2021

Anant Raj Gtobal Limited ^o

ry Cl N: UT 0100HR201 6P1C06561 5 Corporate Office: C-3, Qutab lnstitutional Area Katwaria Saria, New Delhi - 110016 Tel. : 011-41244340, 011 -41244344 E-mail : tarc@anantrajglobal.com Website : www.tarc"in

Date: 2ll0ll202l To, The Manager Listing BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 ⁰⁰¹ Scrip code: 543249

To, The Manager Listing The National Stock Exchange of India Limited Exchange Plaza" B andra-Kurla Complex Bandra (E) Mumbai - 400 051 Scrip Symbol: TARC

Dear Sirs / Madam,

Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20 15

This is to inform you that in the Board meeting held today, following decisions were taken:

• 1. Mr. Miyar Ramanath Nayak has been appointed as an Independent Director of the Company for a period of 5 years w.e.f. January 21, 2021 subject to approval of shareholders of the Company. Further, in compliance with circular no. LIST/COMP/I412018-19 issued by BSE Limited, we wish to confirm that Mr. Miyar Ramanath Nayak is not debarred from holding the,office of the Director by virtue of any order of the Securities and Exchange Board of India or any such authority. The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed.
• 1. The Company has received the resignation letter dated January 21,2021 from Mr. Maneesh Gupta an Independent Director resigning from the directorship of the Company w.e.f. the date of resignation letter. The Board has approved the same.

Mr. Maneesh Gupta has confirmed that there are no other material reasons for his resignation other than stated in his resignation letter. Copy of his resignation letter and the details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed.

• 1. Incorporation of the following four wholly owned subsidiaries of the Cornpany in the name and style given as under or such other name as may be approved by the Registrar of Companies, NCT of Delhi &, Haryana and subject to such consent, approvals and permissions, as may be required:
• The Anant Raj Corporation Limited a)
• TARC Properties Private Limited b)
• TARC Buildtech Private Limited c)
• TARC Estates Private Limited d)

We request you to kindly take the above on record.

Thanking you For Anant Raj Global Limited

A-=-ui-* ^A l-'

Amit Narayan Company Secretary 420094 Encl.: as above

^Gl06 3 o @ * (6 ( C

Details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure
	Requirements) Regulations, 2015

S.	Particulars	Mr. Miyar Ramanath Nayak	Mr. Maneesh Gupta
No.
I	reason for changeviz.	Appointment	Resignation
	appointment,
	resignation, removal,
	death or otherwise;
2	date of appointment /	January 21,2021	January 21,2021
	cessation (as
	applicable);
1	term of appointment;	Appointed as an Independent	Not Applicable
		Director of the Company for a period of 5 years w.e.f. January 21, 2021
		subject to approval ofshareholders of
		the Company.
4	brief profile (in case of	Mr. Miyar Ramanath Nayak is	Not Applicable
	appointment);	B.Com and C.A.I.I.B. He has
		participated in a top management
		programme for Banking conducted
		by IIM, Ahmedabad and another
		programme conducted by Kellogg
		School of Management, USA jointly
		with National Institute of Bank
		Management. He has held offices as
		General Manager, HO of Corporation
		Bank and as Executive Director of Allahabad Bank. He has vast
		experience in retail and international
		banking an4 treasury operations.
5	disclosure of	Not related with any other director	Not Applicable
	relationships between
	directors (in case of
	appointment of a
	director)

g lo6 * e c (o ( fi-^;,-Nae 1-

Al-e.l - zPU

The Board of Directors Anant Raj Global Limited G002, "MACEO", Sector 91 Gurugram, Haryana

Sub: Resignation as lndependent Director

Respected lVlenrrbers of the Board,

Pursuant to the Scheme of Arrangement for Amalgamation and Demerger involving the amalgamation of Anant Raj Agencies Private Limited with and into Anant Raj Limited and immediately thereupon, Demerger of "Project Division" of the Company into Anant Raj Global Limited under Section 230-232 read with Section 52 and 66 of the Companies Act, ²⁰¹³ ("Schem Q"l, I have been appointed as an tndependent Director on the Board of the Company in addition to Anant Raj Limited.

Being a professional, I have several other pressing engagements and commitments due to which I will not be able to devote necessary time required to discharge my duties and responsibilities as Director of both the companies at the same time.

Thus, I am hereby tendering my resignation as tndependent Director on the Board of the Company and all committees thereof w.e.f. the date of this letter.

^Iwould request you to accept my resignation and make necessary intimations and disclosures to this effect.

^Ihereby confirm that there are no other materiat reasons other than stated hereinabove for my resignation.

^Iwish to place on record my appreciation to the other Board Members who have extended necessary support and co-operation during my tenure as lndependent Director.

Wishing the Company all the bests for its current and future endeavours. WW

Maneesh Gupta DIN: A0129254