Kernex Microsystems (India) Limited at its board meeting held on September 18, 2022, approved the proposal for the appointment of Sri. Narender Kumar (DIN: 03295345), as an Additional Director under Non-Executive category of the company. Sri. Narender Kumar, a national swimming champion, completed his Bachelor in Technology with Majors in Computer Science & Engineer from Punjab Engineering College, Chandigarh in 2003. He is an investor and advisor too many startups implementing new age technologies to overcome real life challenges. In per-UPI days of 2015, he founded a digital payment company Trupay. To build Trupay, he successfully raised investment from international institutional funds. Trupay, a mini-UPI platform, was
the country's first mobile based application that allows multi banking real time payment solutions in B2B2C; a Mini-UPI. During demonetisation, he also contributed to the government's initiative to expand digital footprints as part of a committee that framed guidelines for current age digital solutions such as now omnipresent Universal QR code. Sri. Narender Kumar is not related to any of the directors of the Company. Sri. Narender Kumar is not debarred from holding the office of a director by virtue of any SEBI order or any other such authority.