Sterling Powergensys Limited announced that the Mr. Harishchandra Naukudkar (DIN: 07556138) Chairman and Independent Director of the Company resigned. Effective date of Resignation: July 06, 2024. The board approved the appointment of Mr. Nandakumar Kalath (DIN: 00041727) is as a Chairman of the Company, designated as Non-Executive Non- Independent Director.

Date of appointment is July 06, 2024; Terms of Appointment: No term Defined, liable to retire by rotation; Brief Profile: Mr. Nandakumar Kalath is a Chemical Engineer in petroleum refining from university of Kerala, He has worked in functions as diverse as refinery operations, process engineering, project management, sales and marketing, strategic planning, business development, finance and corporate management. He is Proficient in conducting research, performing experiments, and analyzing data to improve production efficiency, quality, and safety. Skilled in utilizing engineering principles and technologies to solve complex problems and achieve organizational objectives; Appointment of Mr. Dinesh Agarwal (DIN: 02854858) is as a Additional Director-Finance, with effect from July 06, 2024 subject to regularization of the Shareholders at the ensuing AGM in terms of the applicable provisions of the Companies Act, 2013.; Terms of Appointment: No term Defined, liable to retire by rotation; Brief Profile: Mr. Dinesh Agarwal is a graduate of Commerce; he also holds the degrees of Associate Chartered Accountant (ACA) from the Institute of ICAI and Associate Company Secretary (ACS) from the Institute of ICSI.

Mr. Dinesh Agarwal has vast experience in the field of experience in the field of direct tax, indirect tax, corporate law and corporate governance; Appointment of Mr. Navinchandra Joshi is as a Additional Executive Director of the Company; Date of appointment: With effect from July 09, 2024 subject to getting of DIN by and regularization of the Shareholders at the ensuing AGM in terms of the applicable provisions of the Companies Act, 2013.; Terms of Appointment: No term Defined, liable to retire by rotation. Brief Profile: Mr. Navinchandra Joshi is Electronics Engineer with MBA in Marketing. He gained lot of experience in U.A.E. and Afghanistan for the past 22 years in marketing of commodities, Oil & Gas sectors and Electronics Office equipments.