Visagar Polytex Ltd — Board/Management Information 2019

Aug 2, 2019

2°<l August, 2019

Corporate Communication Department, Dalal Street, Fort Mumbai - 400001 BSE Scrip ID - VIVIDHA BSE Scrip Code - 506146

The National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051 ISIN Code- lNE370E01029

Sub: Outcome of the Board Meeting

Dear Sir,

I

The Board of Directors of the Company at their Meeting held on 2nd August, 2019, inter alia, has approved and taken on record the following -

• 1. Appointment of Mr. Subhankar Adhikary (DIN: 08371957) 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 Mr. Subhankar Adhikary as Annexure-1).
• 1. Considered and accepted the resignation tendered by Mrs. Babita Nilesh Joshi from the position of Independent director of the Company.

The meeting commenced at 5. Mp.m. and concluded at t;, , Ir p.m.

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

Thanking You. Yours Faithfully,

VISA GAR POL YTEX LIMITED

Regd. Off. : 907/908, Dev Plaza, S. V. Road, Andheri (W), Mumbai - 400 058. Tel.: (022) 67 42 4815 Email : contact@visagar.com Website: www.visagarpolytex.in CIN: L655990MH1983PLC030215

Annexure-1 ..

Brief Profile

Name of Director	Mr. Subhankar Adhikary
DIN	08371957
Reason for Change	App.ointment
Date of Appointment	02.08.2019
Brief Profile -	Mr. Subhankar Adhikary has done graduation in field of Science. He possesses great Analytical skills required for the business. He also involved in the business of film making.
No. of Shares held in the Company
Own	NIL
Beneficial Basis
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) 67 42 4815 Email: contact@visagar.com Website: www.visagarpolytex.in CIN: L655990MH1983PLC030215

Annexure-11

Declaration

This is to affirm that the Director Mr. Subhankar Adhikary 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.

Tilokchand Kothari Managing Director DIN:00413627

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Place: Mumbai

VISAGAR POL YTEX 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.visogarpolytex.in CIN: L655990MH1983PLC030215