Stellar Capital Services Ltd. at its Board Meeting held on January 05, 2017, approved the appointment of Mrs. Rajni Aneja, Incoming Promoter as the Additional Director of the company, effective January 05, 2017. The company also approved the appointment of Mr. Pranay Aneja, Incoming Promoter as the Additional Director of the company, effective January 05, 2017. Further subject to the provisions of Section 196, 197 read with Schedule V of the Companies Act, 2013, and rules applicable in this context Mr. Pranay Aneja has been appointed as the Managing Director of the company, effective January 05, 2017, however his appointment and terms would be subject To Approve the shareholders in the upcoming General Meeting.

Further Mr. Ashish Bansal, Outgoing Promoter has resigned from the post of Managing Director of the company, effective January 05, 2017. Accordingly Mr. Vikram Sharma Outgoing Promoter has resigned from the post of Whole-Time Director of the company, effective January 05, 2017. Took on record and approved the resignation letter dated December 26, 2016 received from Ms. Manisha Rajpal, Company Secretary and Compliance Officer of the company and approved to relieve her from the post of Company Secretary and Compliance Officer of the company, effective January 25, 2017.