The board of directors of Adeshwar Meditex Limited at its meeting held on June 30, 2023, Considered and approved the appointment of Mr. Benegal Parameshwara Udpa (DIN: 08563819) as an Additional, Non Executive, Independent Director of the Company with immediate effect and Considered and approved the appointment of Mr. Arun Koli (DIN: 08234299) as an Additional, Non Executive, Independent Director of the Company with immediate effect. Name: Benegal Parameshwara Udpa; Father's Name: Benegal Anandrama Udpa; PAN No. AAEPU9183C; Date of birth: June 29, 1954; Designation: Additional Director (Independent); Address: Current: 827/7, 8th A Main, 4th Block, BEL Layout, Vidyaranyapura, Bangalore-560097, Karnataka, India; Mobile No.

9483712078; Email ID: beepeeyou@gmail.com; Qualification: - B.Sc. (Math's & Physics)1974 Mysore University; LL, B (Delhi University) 1982; CAIIB (From IIBF) 1982; M.A.(Economics) Karnataka University 1992; LL, M (Kuvempu University) 2015; - Limited Insolvency Examination of IIBI 2017; Industry: Law, Financial and Banking Sector; Professional Expertise: Establishment of private consultancy to provide various legal services to various companies. Brief Profile: Mr. Benegal Parameshwara Udpa has over 40 years of experience under banking Sector and is practicing Law profession post his retirement in the year 2014.

He has cleared Debt Recovery Agency examination conducted by IIBF in October 2014. He was working as Branch Head of M/s Anil Kohli & Associates Delhi, and branch head of Bangalore Branch for Recovery of High value NPA's of various banks. He has cleared ‘Limited Insolvency Examination’ conducted by IBBI in Nov.

2017 and was empanelled as Insolvency Professional in State Bank of India, Allahabad Bank and Indian Bank. He was appointed as IRP and RP in the matter of M/s Shantha Projects Ltd. in CP (IB) no.69/bb/2018 pertaining to State Bank of India stressed assets management branch Bangalore. He was successful in getting resolution plan which was approved by the ‘committee of creditors’ and was approved by ‘NCLT Bengaluru bench’ on 26-09-2019.

He was designated as Head of Asset Recovery Management in various Branches of Syndicate Bank at Bangalore. He has successfully completed selling of Mortgaged /distressed Assets. Name: Arun Koli; Father's Name: Shankar Koli; PAN No.

BAXPK0673D; Date of birth: February 01, 1990; Designation: Additional Director (Independent); Address: Current: H-1104, Brahma Skycity, Dhanori, Pune: 411015, Maharashtra, India; Mobile No. 9673778115; Email ID: arun.koli43@gmail.com; Qualification: MBA in Finance Suresh Gyan Vihar University, October 2022; Industry: General Accounting, MIS & Reporting Skills, Attention to Detail, Deadline - Oriented, Confidentiality, Forecasting and Budgeting, Time Management, Operations, General Math Skills, Audit & Reconciliation; Professional Expertise: General Accounting, MIS &Reporting Skills, Attention toDetail, Deadline - Oriented, Confidentiality, Forecasting and Budgeting, Time Management, Operations, General MathSkills, Audit & Reconciliation; Brief Profile: Having more than 13 years of experience under financial background. Have worked with renowned companies like Syntel, Mumbai, Jardine Lloyd Thomas, Mumbai, AXA Business Services, Pune, TruConnect Solutions Pvt Ltd, Pune, Genpact, Kolkata.

Below is the career highlights of Mr. Arun Koli: Migrated the complex invoicing process &Reporting and analysis process from Boeing, USA & AXA, USA respectively, with 100% accuracy in live environment; Driven the Automation project to reduce the delivery time by 70% for preparing reports, using MS Access queries and excel formulas, also collaborated with SQL Specialist to have one click output process. This resulted in 99% accuracy & reduction in total hours spent; Implemented automation through excel for CAM Driver (Cost Asset Management) process to save 60% of the total hours spent in preparing the report; Brought drastic reduction in payable numbers by successfully negotiating with Insurers and implementing effective credit control mechanism, which resulted in improved cash flow; TruConnect Accounting software transition from Great Planes to Intacct, was successfully implemented with no red flags.