Visagar Polytex Ltd — Board/Management Information 2019

Dec 5, 2019

you dream, we create
	ee 5th December, 2019
BSE Limited Corporate Communication Department, Limited	\/The National Stock Exchange of India
Dalal Street, Fort	Exchange Plaza, Plot No. C/1, G Block,
Mumbai - 400001	Bandra Kurla Complex,
BSE Scrip ID - VIVIDHA BSE Scrip Code - 506146	Bandra (E), Mumbai - 400 051 ISIN Code- INE370E01029

Sub: Outcome ofthe Board Meeting

Dear Sir,

The Board of Directors of the Company at their Meeting held on 5 December, 2019, inter alia, has approved and taken on record the following -

• . Appointment of Ms. Madhu Bala Vaishnav (DIN:08376551) as an Additional Director of the Company to hold office as an Independent Director of the Company for the period of 5 years with immediate effect subject to approval of the shareholders of the Company at the forthcoming Annual General Meeting (Enclosed herewith brief profile of Ms. Madhu Bala Vaishnav as Annexure-I).
• . Considered and accepted the resignation tendered by Mrs. Sheela Vijay Sawdekar from the position of Independent director of the Company.

The meeting commenced at !00 p.m. and concluded at !'30 p.m.

You are requested to take the above information on your record.

Thanking You. Yours Faithfully,

VISAGAR POLYTEX LIMITED

Regd. Off. : 907/908, Dev Plaza, S. V. Road, Andheri (W), Mumbai - 400 058. Tel.: (022) 6742 4815 Email : contact@visagar.com Website : www.visagatpolytex.in CIN : L655990MH1983PLC030215

Annexure-I ;

BA VISAGAR you dream, we create	\
	Annexure-I
Brief Profile
Name of Director	Ms. Madhubala Vaishnav
DIN	08376551
Reason for Change	Appointment
Date of Appointment	05.12.2019
Brief Profile	Madhubala Vaishnav done has Ms. graduation. She possesses great Analytical management required and the skills for acquired good business. she has also
of Shares held in the Company No.	experience in the field of Media.
Own Beneficial Basis	NIL
Relationship with other Directors, Manager and other Key Managerial Personnel	NONE

VISAGAR POLYTEX LIMITED. Regd. Off. : 907/908, Dev Plaza, S. V. Road, Andheri (W), Mumbai - 400 058. Tel.: (022) 6742 4815 Email : contact@visagar.com Website : www.visagarpolytex.in CIN : L655990MH1 983PLC030215

Annexure-II

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Declaration

This is to affirm that the Director Ms. Madhu Bala Vaishnav is not debarred from holding the office as Non-Executive Independent Director of the Company by virtue of any SEBI Order or any such Authorities.

aoe ilokchand Kothari Managing Director DIN: 00413627

Date: 05.12.2019 Place: Mumbai

VISAGAR POLYTEX LIMITED

Regd. Off. : 907/908, Dev Plaza, S. V. Road, Andheri (W), Mumbai - 400 058. Tel.: (022) 6742 481. Email : contact@visagar.com Website : www.visagarpolytex.in CIN : L655990MH1 983PLC03021