Tilaknagar Industries Ltd — Board/Management Information 2020

Jul 31, 2020

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CIN: L15420PN1933PLC133303

Registered Office: P.O. Tilaknagar, Tal. Shrirampur, Dist. Ahmednagar, Maharashtra-413 720 Corporate Office: 3[rd] Floor, Industrial Assurance Building, Churchgate, Mumbai, Maharashtra-400 020 Email : investor@tilind.com, Website: www.tilind.com, Phone: +91 22 22831716/18, Fax: +91 22 22046904

ONLINE FILING

Ref: TI/NSE/COMP/2020-21/21 July 31, 2020

To, The Manager (Listing), National Stock Exchange of India Ltd., Exchange Plaza, Plot no. C / 1, G Block, Bandra - Kurla Complex, Bandra (E), Mumbai - 400 051 Ph No.: 022 26598235/36 Fax No.:022 26598120/237 /238

Sub: Intimation pursuant to Regulation 30 with respect to appointment of Additional Directors of the Company Ref: Scrip Code – TI

Dear Sir/Madam,

Pursuant to Regulation 30(2) of the SEBI (LODR) Regulations, 2015, we wish to inform you that the Board of Directors of the Company has, at its Meeting held on July 31, 2020, appointed Ms. Aparna Praveen Chaturvedi (DIN:00028647) as an Additional (Non-Executive and Independent) Director of the Company and Ms. Swapna Shah (DIN: 08807901), Advisor of the Company, as an Additional (Non-Executive) Director of the Company with effect from July 31, 2020.

Ms. Aparna Praveen Chaturvedi (DIN:00028647) holds MBA in Finance from University of Lucknow and has also received coveted Chevening Scholarship at Manchester Business School. She is having industry experience of more than 35 years with Financial Institutions viz. UTI AMC Ltd. (Mutual Fund), ASREC (Asset Reconstruction Company) and PICUP (State Financial Corporation). She has been member of various committees constituted by Ministry of Finance, Association of ARCs, etc. She is having vast experience in fund management (domestic and offshore funds), raising offshore funds, resolution & reconstruction of non-performing and stressed assets, project appraisal & financing, credit rating, private equity investments, corporate insolvency, equity research, marketing of mutual fund products and sales resources training etc.

She is currently holding Directorships in MSTC Ltd., Ferro Scrap Nigam Ltd., Agra Smart City Ltd. and IFCI Financial Services Ltd. and is not having any relationship with the existing Directors of the Company. She has not been debarred from holding the office of Director by virtue of any SEBI order or any other such authority.

She will be holding office up to the date of the next Annual General Meeting of the Company or the last date on which the Annual General Meeting should have been held, whichever is earlier. She will be eligible for appointment as regular Independent Director thereat in accordance with the provisions of Sections 149 and 152 read with Schedule IV of the Companies Act, 2013 for such term as may be approved by the Members of the Company, subject to compliance of necessary formalities in this regard.

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CIN: L15420PN1933PLC133303

Registered Office: P.O. Tilaknagar, Tal. Shrirampur, Dist. Ahmednagar, Maharashtra-413 720 Corporate Office: 3[rd] Floor, Industrial Assurance Building, Churchgate, Mumbai, Maharashtra-400 020 Email : investor@tilind.com, Website: www.tilind.com, Phone: +91 22 22831716/18, Fax: +91 22 22046904

Ms. Swapna Shah (DIN: 08807901 ) holds Masters in Business Administration from University of Missouri and has also studied International Business Management from Kellogg School of Management - Evanston, IL. She is a result oriented, persuasive and tenacious professional having three decades of experience in business development, strategy, marketing, offer management, operations and quality with ability to understand and relate to evolving business landscape to deliver results in various roles. She has also held leadership roles with organizations viz. Lucent Technologies (USA), Alcatel-Lucent (USA), Alcatel-Lucent India Limited and Nokia India. She has also worked as a Business Partner with U.S. Telecom (USA) and Internat Chemicals & Allied Products, Inc. (USA).

She is not holding Directorships in any other Company and is not having any relationship with the existing Directors of the Company. She has not been debarred from holding the office of Director by virtue of any SEBI order or any other such authority.

She will be holding office up to the date of the next Annual General Meeting of the Company or the last date on which the Annual General Meeting should have been held, whichever is earlier. She will be eligible for appointment as a regular Director, liable to retire by rotation thereat in accordance with the provisions of Sections 152 read with 188(1) of the Companies Act, 2013, subject to compliance of necessary formalities in this regard.

Please note that due to the outbreak of COVID-19, the Company has adopted ‘Work From Home’ as per directives issued by Central and State Government. Hence, we are submitting Sd/- copy of the intimation.

Kindly acknowledge the receipt and take the same on your record.

Thanking you,

Yours faithfully,

For Tilaknagar Industries Ltd.

Sd/Gaurav Thakur Company Secretary