Simbhaoli Sugars Limited at the board of directors meeting held on February 13, 2020, approved the Mr. Shyam Sunder is appointed as a director to the Board of company. He will be an Independent Director within the meaning of Sections 149, 152, 161 read with Schedule IV and other applicable provisions, if any, of the Companies Act, 2013 and the Companies (Appointment and Qualification of Directors) Rules, 2014 read with the corporate governance norms of the Listing Agreement with the Stock Exchange under the provisions of the SEBI Regulations, 2015 as amended from time to time. Shyam Sunder is practicing chartered account since 1991. He started practice as proprietorship firm and later on associated with M/s Parikh & Jain, chartered accountants, Kanpur, established in 1970, and conducted the statutory audit of Banks, PSUs, companies and state governments’ corporations. He has been appointed as central statutory auditor of UCO bank, Punjab National Bank and Allahabad Bank including branches concurrent auditor of SBI, Bank of Baroda and other banks. Presently, he is partner of M/s. Bhuvanesh & Shyam, chartered accountants, in Kanpur providing audit and assurance services, and advisory in direct and indirect taxes.