Mercury Ev-Tech Limited announced that Mr. Sachin Shivaji Wagh (01056774) and Mr. Lalit Vitthal Waankhede (DIN: 00556938) are being appointed as Directors of the Company with effect from January 25, 2024. Mr. Sachin Shivaji Wagh is being appointed as Director of the Company under the category of "Independent and Non- Executive" for a term of 5 (five) years with effect from 25th January, 2024. Mr. Lalit Vithhal Wankhede is being appointed as Director of the Company under the category of "Independent and Non- Executive" for a term of 5 (five) years with effect from 25th January, 2024.

Mr. Sachin Shivaji Wagh has completed his MBA in Finance from Maharashtra having experience of 26 years in the field of He has an experience in the field of Finance and business management. He has a vast experience of raising the funds of Working Capital Finance, Project Term loans etc. Mr. Lalit Vithhal Wankhede has completed his B.tech & LCA from Indian Institute of Technology, Mumbai, a professional Engineer since 28 years in the field of in Design, Development, Techno Commercial Operations & General Management.

Having competence in proven record of accomplishment of handling green field project and establishing Independent profit centre for Multi- national Company from scratch.