The board of Mahalaxmi Rubtech Limited considered and recommended for the appointment of Mr. Nehal Shah in their meeting held on 13th August, 2021 as a Non-Executive Independent Director of the Company, with effect from 01st October, 2021 for the second term of 5 Years which further has been approved by the Members of the Company at 30th Annual General Meeting by way of Special Resolution. Mr. Nehal Shah has been involved in starting a real estate venture about 15 years back. He is having expertise in real estate development and has been instrumental in developing LIH projects. Further, Mr. Shah has served as the AIESEC Association's national VP and has been on the AIESEC Ahmedabad alumni advisory board. Mr. Shah has also been involved in venture in Health and Beauty Wellness industry. Mr. Shah has an experience of a successful marketing entrepreneur with a leading network marketing company.