TCI Developers Limited announced that Mr. Ashok B Lall and Mr. Amitava Ghosh, Non-Executive Independent Directors will retire post conclusion of 13th Annual General Meeting of the Company to be held for Fiscal Year 2020-21 in line with the shareholders' approval dated 02nd Aug' 2016. To fill the vacancies that will arise out of 2 Independent Directors, The Board has, based upon the recommendations of the Nomination and Remuneration Committee, approved appointment of Mr. Phoolchand Sharma and Mr. Sivaraman Narayana Das as an Additional Directors in the capacity of Non-Executive Independent Director. Date of appointment/cessation will be 30th April, 2021. Mr. Phoolchand Sharma is having an experience of around 37 years in Logistics and Express distribution. He has done the Advance Management Program course from Harvard Business School, Boston USA. He is Seasoned Professional and he has worked in the field of Logistics for nearly four decades and has exposure to various functions of a Company as Profit centre head. Has worked in different part of the country. Mr. Sivaraman Narayana Das has a vast experience in Transportation and Supply Chain industry which includes networking, warehousing and warehouse automation. He is also specialized in express/E Commerce distribution with PAN India delivery system. His expertise on hub networking and PAN India distribution management is worth to be acknowledged. Mr. Phoolchand Sharma and Mr. Sivaraman Narayana Das are not related to any director of the Company.