Vijay Solvex Limited announced that Mr. Suresh Chandra Gupta was appointed as Additional Director (Non-Executive-Independent Director) of the Company w.e.f. June 5, 2020 to hold office up to the date of upcoming 32nd Annual General Meeting of the Company or the last date on which the Annual General Meeting should have been held i.e. September 30, 2020, whichever is earlier. The Company vide Approval dated 03.09.2020 as approved by the Registrar of Companies, Jaipur, got extension of 3 months that is up to December 30, 2020 for holding its 32nd Annual General Meeting, hence the term of office of Mr. Suresh Chandra Gupta (DIN: 08748162) as Additional Director (Non-Executive-Independent Director) of the Company is expired on September 30, 2020 due to vacation of office under section 161 of the Companies Act, 2013. On recommendation of the Nomination & Remuneration Committee of the Board, the Board of Directors of the Company in their meeting held on September 30, 2020, has approved the appointment of Mr. Suresh Chandra Gupta (DIN: 08748162) as Additional Director (Non-Executive-Independent Director) of the Company effective from October 1, 2020 to hold office till the conclusion of the upcoming Annual General Meeting of the Company and subject to the approval of the members at the upcoming Annual General Meeting, appointed as Independent Director of the Company for a term of five (5) consecutive years commenced effective from October 1, 2020.