Registered Office: A-109 Express Apartments, Lakdi ka Pool, Hyderabad - 500004
Corporate Office: 5th floor, Prestige Phoenix, 1405, Uma Nagar, Begumpet, Hyderabad - 500016
+91 7780301502 • info@bankabio.com • www.bankabio.com • CIN: L90001TG2012PLC082811
2 September 2022
The Listing Department
National Stock Exchange of India Limited
Exchange Plaza, Bandra Kurla Complex
Bandra (East)
Mumbai - 400051
Symbol: BANKA
Sub: Intimation of Appointment/Re-Appointment of the Directors of the Company
Ref: Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
With reference to the above subject, and pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we inform that, based on the recommendation of the Nomination and Remuneration Committee, subject to approval of members in the ensuing Annual General Meeting of the Company, the Board of Directors of the Company, at its meeting held on 2 September 2022, has approved the -
- Re-appointmentof Mr. Vishal Murarka as Executive Director, designated as CEO for a period of 3 years w.e.f. 1 October 2022
- Appointment of Mr. Anil Sharma as Non-Executive Independent Director for a period of 5 years w.e.f. 1 October 2022
The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9 September 2015, along with the brief profile is given in Annexure A to this letter.
Thank you,
For Banka BioLoo Limited
NAMITA SANJAY BANKA
Digitally signed by NAMITA SANJAY BANKA
Date: 2022.09.03 16:37:10 +05'30'
Namita Banka
Managing Director
DIN: 05017358
Enclosure as above
1
Annexure A
[Pursuant to Regulation 36(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Secretarial Standards - 2 issued by The Institute of Company Secretaries of India for Item No. 4 and 5 of 10th AGM Notice]
Name of the Director | Mr. Anil Sharma | Mr. Vishal Murarka |
DIN | 09490844 | 06729485 |
Date of Birth | 22 July 1975 | 20 October 1974 |
Date of Appointment on the Board | - | 1 October 2019 |
Nationality | Indian | Indian |
Qualifications | B Com, PG Diploma | BE, MBA |
Background details/ brief resume/experience | Graduated from Delhi University in Economics. | Mechanical Engineering from Amravati University. |
(including expertise in specific functional area) | Post Graduate Diploma in Advertising and Communication | MBA from Indian School of Business, with specialization |
from National Institute of Advertising, with specialization in | in Marketing and Analytical. | |
Public Relations. | Began career with Toyota Kirloskar Motor in Aug 1999. | |
Worked in various firms in the areas of advertisement and | In Dassault Systemes from 2000 to 2005, in India and | |
public relations from 1998 to 2011. | South Korea. | |
Joined Havells India Limited as Head - Corporate | Post-MBA, joined Tata Motors as Country Manager - | |
Communications, CSR & Sustainability in May 2012. | Sales & Marketing. | |
Founded ThinkQue Consulting in August 2021 to provide | Larsen & Toubro (2007 to 2016), initially in Group | |
consulting services in marketing, CSR and sustainability. | Strategy, later Head - Strategy & Business Development | |
with L&T Realty. | ||
Finally, Head - Strategy with Piramal Realty (2016 to | ||
2019). | ||
CEO & Executive Director of Banka Bio, since October | ||
2019. | ||
Job profile and suitability to the company | Experience and expertise as stated above | Experience and expertise as stated above |
Recognition or awards | Recognition and accolades from various organizations for | Recognized for outstanding contribution by L&T Realty, |
contribution to CSR and sustainability | apart from others. | |
Terms and conditions of Appointment/ Re- | As mentioned in the Resolution and Explanatory Statement | As mentioned in the Resolution and Explanatory |
appointment | Statement | |
Remuneration, last drawn (including sitting fees, | NA | Rs. 43,10,920 |
if any) | ||
Remuneration proposed to be paid | Nil | As mentioned in the Explanatory Statement |
Pecuniary relationship in the Company | Nil | Mr. Vishal Murarka does not have any other pecuniary | ||
relationship in the Company, except remuneration | ||||
proposed paid/ to be paid to him. | ||||
Shareholding in the Company as on 31 March | Nil | 11,63,640 equity shares | ||
2022 | ||||
Directorship held in other Companies | Nil | Sai Banka SPV Private Limited | ||
Enzotech Solutions Private Limited | ||||
Megaliter Varunaa Private Limited | ||||
Directorship/membership/chairmanship of | Nil | Executive Director, designated as Chief Executive Officer | ||
Committees of the board of Banka BioLoo | of the Company. | |||
Limited | Member of Stakeholders Relationship Committee. | |||
Names of listed entities in which the person, | Nil | Nil | ||
also, is a director/ member / chairperson of | ||||
committees of other Boards as on 31 March | ||||
2022 | ||||
Number of meetings attended during the | NA | All | ||
financial year | ||||
Comparative remuneration profile with respect | NA | Taking into consideration the size of the Company, the | ||
to industry, size of the Company, profile of the | profile, knowledge, skills and responsibilities shouldered | |||
position, and person (in case of expatriates the | by Mr. Vishal Murarka, the remuneration proposed to be | |||
relevant details would be with respect to the | paid is commensurate with the remuneration packages | |||
country of origin) | paid to their similar counterparts in other companies. | |||
Relationship with other Directors / Key | Nil | Name of the | Nature of Relationship | |
Managerial Personnel/ Managers | other Director | |||
Namita Banka | Sister | |||
Sanjay Banka | Brother in law | |||
* Except as stated above, Mr. Vishal Murarka is not | ||||
related to any other Director. |
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Banka BioLoo Ltd. published this content on 03 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 September 2022 12:29:01 UTC.