Kintech Renewables Limited informed that the Board of Directors of the Company at its meeting held on 3rd April 2023 approved the appointment of Mr. Shivkumar Niranjanlal Bansal (DIN: 09736916) as an additional director with immediate effect and designated him as "Whole Time Director (KMP)" under Section 203 of the Companies Act 2013 for a term of 3 years with effect from 3rd April, 2023 on such remuneration and other
terms of conditions as recommended by the Nomination and Remuneration Committee of the Board subject to approval of shareholders and any other authority as may be required, if any. Mr. Shivkumar Bansal has 27 year experience in the sales and marketing in a diverse range of products. Besides the above functions, he has also handled operations and administration in his extensive career spanning across industries. He is a qualified MBA. Mr. Shivkumar Niranjanlal Bansal is not a `relative' of any of the directors of the Company. Further, he is not debarred from holding the office of director by virtue of any order of SEBI or any
other authority. Took note of the resignation of Mr. Gaurank Singhal, Non-Executive Director (DIN: 09081559) of the Company, who had tendered his resignation citing personal pre-occupations, effective from 3rd April, 2023. The Board placed on record its appreciation and gratitude for the contributions made by Mr. Gaurank Singhal during his tenure as a member of the Board of Directors. Took note of resignation of Ms. Richa Srivastava from the position of Company Secretary and Compliance Officer with effect from April 3, 2023, due to personal reasons. The Board placed on record its appreciation for the services rendered by Ms Richa during her association with the Company. Appointed Mr. Sachin Kumar (Membership No.: A61525) as the Company Secretary of the Company, designated as KMP under Section 203 of the Companies Act 2013 and Compliance
Officer of the Company with effect from April 3, 2023. Mr. Sachin Kumar is a qualified Company Secretary from the Institute of Company Secretaries of India and also a Law Graduate, with about 9 years of experience in the relevant roles. He has experience in the compliances relating to Companies Act, SEBI Regulations, NBFC sector etc. Approved re-designation of Ms. Khushboo Singhal, Managing Director as Non-Executive Director
of the company with effect from April 3, 2023, upon her request to be relieved from the responsibilities of the Managing Director and pursuant to the recommendations of the Nomination and Remuneration Committee of the Board.