VAPI ENTERPRISE LIMITED — Board/Management Information 2023

Dec 28, 2023

VPM

VAPI ENTERPRISE LTD.

(Formerly known as VAPI PAPER MILLS LTD.)

___________________

Regd. Off.213 UDYOG MANDIR, PITAMBER LANE, MAHIM (WEST), MUMBAI 400016 TEL: 98200 68363 / 022-24449753 E-MAIL : vapipaper@gmail.com / vapienterpriseltd@gmail.com Website : www. vapienterprise.com CIN No. L21010MH1974PLC032457

28.12.2023

To, BSE Limited, P J Tower,Dalal Street, Mumbai 400001 Scrip Code :502589

Dear Sir,

Sub: Outcome of Board Meeting held on Thursday, 28[th] December,2023 and Disclosure Under Regulation 30 of SEBI Listing Regulations read with Para A of schedule III of the said Regulations as follows:

1. APPOINTMENT OF MRS.MAMTA GUPTA (DIN: 06827576) AS AN ADDITIONAL NON-EXECUTIVE INDEPENDENT DIRECTOR:

We hereby confirm that Mrs. Mamta Gupta (DIN: 06827576) appointed as an Additional Director in the capacity of an Independent Director of the Company with effect from 28[TH] December,2023.

Mrs. Mamta Gupta satisfies the criteria of independence prescribed under the Companies Act, 2013 and SEBI Listing Regulations and that she is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other such authority.

INTIMATION UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

Particulars	Mrs.Mamta Gupta(DIN06827576)
Reason for change viz. appointment, resignation, removal, death or otherwise	Mrs. Mamta Gupta is appointed as an Independent Director with effect from December 28th, 2023
Date of Appointment / Cessation	28th December,2023
Term of appointment	Five Years(28th December,2023 to 27th December,2028)
Brief Profile	She served as a senior partner in firm of Chartered Accountants in Vapi, M/s. G. B. laddha & Co.LLP, from 2011 to

	2020 leading the Audit and GST Compliance department of the Firm and was also handling the management of Income Tax department of the Firm. She has an extensive experience of over 16 years of practice in the field of Auditing, Accountancy, Domestic and international Taxation and handled many Statutory Audits and Tax Audits of various Corporate/ Multinational Entities and Non-Corporate Entities. Her Expertise lies in Management cum System Audit, Plant Audit, Internal Audits, GST Audit and consulting, Tax Audit, Tax Planning and Consulting, Companies Audit and consultancy, International and Non-Resident Taxation, Certification, Transfer Pricing Reporting, FEMA Guidance, Tax Assessment and Appeals.
Disclosure of relationships between Directors	Mrs. Mamta Gupta is not related to any Director of the Company
Other Directorships / Memberships (in listed entities in case of resignation of Independent director)	Not applicable

2. APPROVAL FOR RECONSTITUTION OF COMMITTEES OF THE BOARD OF DIRECTORS

The Board has decided to change in the composition and reconstitution of certain committees of the Board of Directors with effect from 28[th] December,2023 as under:

1. Audit Committee Pursuant to Section 177 of the Companies Act, 2013 read with Regulation 18 of the Listing Regulations, the Board of Directors has reconstituted the Audit Committee of the Board of Directors as under:

Sr.No.	Name of the Member	Designation in the committee
1.	Mrs. Mamta Gupta	Chairperson, Independent Director
2.	Mr.Himanshu Ruia	Member, Independent Director
3.	Mr.Rajeev Patel	Member, Non-Executive Director

1. Pursuant to Section 178 of the Companies Act, 2013 read with Regulation 19 of the Listing Regulations, the Board of Directors has reconstituted the Nomination and Remuneration Committee of the Board of Directors as under:

Sr.No.	Name of the Member	Designation in the committee
1.	Mrs. Mamta Gupta	Chairperson, Non- Executive Independent Director
2.	Mr.Himanshu Ruia	Member, Non-Executive Independent Director
3.	Mr.Rajeev Patel	Member, Non-Executive Director

Further we confirm that, there is no change in Stakeholder Relationship Committee.

The meeting of the Board of Directors commenced at 11:00 AM and concluded at 11:30 AM

Kindly take the above information on record as compliance with applicable regulation of SEBI(LODR), Regulation 2015.

Thanking You, For VAPI ENTERPRISE LTD

MANOJ RAMANBHAI Digitally signed by MANOJ RAMANBHAI PATEL PATEL Date: 2023.12.28 11:34:13 +05'30'

PATEL Manoj Patel Managing Director

VPM

VAPI ENTERPRISE LTD.

(Formerly known as VAPI PAPER MILLS LTD.)

___________________

Regd. Off.213 UDYOG MANDIR, PITAMBER LANE, MAHIM (WEST), MUMBAI 400016 TEL: 98200 68363 / 022-24449753 E-MAIL : vapipaper@gmail.com / vapienterpriseltd@gmail.com Website : www. vapienterprise.com CIN No. L21010MH1974PLC032457

28.12.2023

To, BSE Limited, P J Tower,Dalal Street, Mumbai 400001 Scrip Code :502589

Dear Sir,

Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 – Change in Directorate of Vapi Enterprise Limited

Pursuant to Regulation 30 of the SEBI Listing Regulations, we hereby inform you that the Board of Directors of the Company has appointed Mrs.Mamta Gupta (DIN: 06827576) as an Additional Non-Executive Independent Director of the company as on December 28[th] , 2023, for first term of 5 years i.e upto December 27th, 2028, subject to the approval of the shareholders to be obtained within three months hereof. The required details pursuant to SEBI Listing Regulations are annexed herewith as Annexure – I.

We hereby confirm that Mrs. Mamta Gupta (DIN: 06827576) satisfies the criteria of independence prescribed under the Companies Act, 2013 and SEBI Listing Regulations and that she is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other such authority.

The composition of the Board of Directors of the Company is in compliance with the requirements prescribed under the Companies Act, 2013 and SEBI Listing Regulations.

You are requested to take the same on your record.

Thanking You Yours Faithfully,

MANOJ RAMANBHAI PATEL

Digitally signed by MANOJ RAMANBHAI PATEL Date: 2023.12.28 11:34:58 +05'30'

Manoj Patel Managing Director

INTIMATION UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

Particulars	Mrs.Mamta Gupta(DIN06827576)
Reason for change viz. appointment, resignation, removal, death or otherwise	Mrs. Mamta Gupta is appointed as an Independent Director with effect from December 28th, 2023
Date of Appointment / Cessation	28th December,2023
Term of appointment	Five Years(28th December,2023 to 27th December,2028)
Brief Profile	She served as a senior partner in firm of Chartered Accountants in Vapi, M/s. G. B. laddha & Co.LLP, from 2011 to 2020 leading the Audit and GST Compliance department of the Firm and was also handling the management of Income Tax department of the Firm. She has an extensive experience of over 16 years of practice in the field of Auditing, Accountancy, Domestic and international Taxation and handled many Statutory Audits and Tax Audits of various Corporate/ Multinational Entities and Non-Corporate Entities. Her Expertise lies in Management cum System Audit, Plant Audit, Internal Audits, GST Audit and consulting, Tax Audit, Tax Planning and Consulting, Companies Audit and consultancy, International and Non- Resident Taxation, Certification, Transfer Pricing Reporting, FEMA Guidance, Tax Assessment and Appeals.
Disclosure of relationships between Directors	Mrs. Mamta Gupta is not related to any Director of the Company
Other Directorships / Memberships (in listed entities in case of resignation of Independent director)	Not applicable