The Shareholders of the Bervin Investment & Leasing Limited through Postal Ballot completed on December 28, 2022 has approved the Appointment of Mr. Satish Kumar Murgai (DIN: 00040348) as a Non-Independent Non- Executive Director of the Company with effect from December 28, 2022. Mr. Satish Kumar Murgai aged 75 years is a Fellow Member of the Institute of Chartered Accountants of India and holds a Degree in B.com (Hons.). He possesses rich and varied experience in Finance, Accounting, Tax Planning, Management Consultancy, Business Restructuring, Capital Market Operations, Banking Operations, SEBl-related Matters, Direct and Indirect Tax laws and other corporate laws.

Mr. Mugai has served a Nationalised Bank in various capacities and have an overall experience of more than 50 years.