BN Holdings Limited at its board meeting held on October 27, 2023 announced that Mrs. Ashima Agarwal, Non-executive director of the company has resigned from her position from the company w.e.f November 1, 2023. The Board consider the appointment of Shri Ashutosh Sharma as Additional director in the company in non-executive category w.e.f November 1, 2023. Mr. Ashutosh Sharma is a seasoned professional with more than 16 years of experience in entire gamut of Human Resources, encompassing industries like Insurance, Cement, FMCG, Infrastructural Development, and Finance.

He has headed the HR Function for IL&FS Transportation Networks Limited, and has worked in Patanjali, and Ambuja Cements Ltd. (Holcim Group company) in various roles and capacity. His leadership in driving the OD interventions, such as Cultural change, Cross-functional collaboration, Commercial transformation, Diversity & Inclusion and Health & Safety is appropriate to the hilt. Mr. Sharma is a true business partner, who advocates sustainable business, by driving Employee Engagement, Succession planning and Leadership Development.

Additionally, he has played a pivotal role in establishing HR practices in challenging business scenarios e.g. Mergers & Acquisitions, and Integrations, by introducing Organisational Restructuring, Enhancing the productivity of the workforce, Enabling Job Evaluations, aligning policies and establishing shared services division. Mr. Ashutosh Sharma holds an MBA with specialisation in Human Resources and has Master's degree in "Applied Psychology". He possesses certifications in Global Professional in HR (GPHR) by HRCI; HR Analytics from IIM-Ahmedabad; and Leadership Development & Executive Coaching by Dr. Marshall Goldsmith.

Composition of NRC Committee: Ashutosh Sharma, Rakesh Kumar Verma and Shalu Saraf and Stakeholder Committee: Anubhav Agarwal, Ashutosh Sharma and Rakesh Kumar Verma.