VLS Finance Limited announced that the below mentioned resolutions placed through postal ballot have been approved by the Members of the Company with the requisite majority and are deemed to have been passed on the last date of e-voting i.e. May 09, 2024: Appointment of Shri Najeeb Hamid Jung as an Independent Director of the Company. Appointment of Shri Gaurav Goel as a Non-Executive, Non-Independent Director of the Company. Appointment of Shivesh Ram Mehrotra as a Non-Executive, Non-Independent Director of the Company. Appointment of Mrs. Neeraj Vinay Bansal as an Independent Director of the Company. Appointment of Shri Keshav Tandan as Director of the Company. Appointment of Shri Keshav Tandan as Whole Time Director of the Company. Shri Najeeb Hamid Jung is appointed as an Independent Director with effect from February 13, 2024. Term of appointment 5 Years with effect from February 13, 2024 (First Term). Shri. Najeeb Hamid Jung is a retired civil servant of Madhya Pradesh (ML.P.) cadre. He joined the Indian Administrative Service in 1973 and in a career spanning more than 40 years, he held various positions in the state of Madhya Pradesh and under the Central Government. Read History (B.A. and M.A.) at Delhi University's St Stephens College, and Economics and Social Policy (M.Sc.) at the London School of Economics and Political Science, London. Served the State of MP and the Federal govt. in many positions including inter alia--District Magistrate in 4 districts, Managing Director of 2 MP State Corporations and Joint Secretary in the Ministry of Petroleum and Natural Gas at the Centre. Served on the Boards of ONGC, GAIL, OIL INDIA Ltd. and Petronet India Ltd. Shri. Gaurav Goel is appointed as an Non-Executive, Non-Independent Director with effect from February 13, 2024. Shri Gaurav Goel, aged about 50 years holds MBA degree from American College in London. He is Vice Chairman and Managing Director of Dhampur Sugar Mills Ltd. and has over two decades of Sugar Industry experience. He is a Member and Past President, Indian Sugar Mills Association and Indian Sugar Exim Corporation Ltd. He has been Chapter Chair of Young
Entrepreneurs Organization (YPO Delhi) and EO Delhi. He is also the Chairman of the Green Sugar Summit held by CII. Shri Shivesh Ram Mehrotra is appointed as a Non-Executive, Non-Independent Director with effect from February 13, 2024. Shri. Shivesh Ram Mehrotra, aged about 22 years, is a US citizen and holds Master degree in Statistics. He is son of Late Shri. Vikas Mehrotra who was Managing Director ? International Operations of the Company. Mrs. Neeraj Vinay Bansal is appointed as an Independent Director with effect from March 29, 2024. Term of appointment 5 Years with effect from March 29, 2024. Mrs. Neeraj Vinay Bansal is Indian Revenue Services officer and was Chief Commissioner of Income Tax, Mumbai at the time of retirement. She qualified Indian Civil Services Examination conducted by UPSC in the year 1980 and was positioned in Indian Revenue Services. In her career spanning more than 40 years, she hold various positions including as Director (HQ) in Central Board of Direct Taxes (`CBDT). Prior to joining Civil Services, she had served as a lecturer in R.G. College in the year 1976-77 and as Executive officer in Kanpur Development Authority in the year 1979. She was nominated by Ministry of Defence for `National Defence College' Course (43 batch) in 2003 for 11 months, while serving as Director in CBDT. Her educational qualifications include M. Phil. (Sociology) and M.Sc. in Fiscal Studies from University of Bath, United Kingdom. She has attended various training programs in India and abroad. Appointment as Director and thereafter Whole time Director designated as `Executive Director' from the same day. With effect from March 29, 2024 to September 28, 2027 as Executive Director and will be liable to retire by rotation notwithstanding appointment as Executive Director. Shri Keshav Tandan, aged about 44 years is a qualified CFA besides holding Bachelor Degree in Commerce. He has about 20 years experience in Investment field particularly in Alternate Investment Areas and Real Estate. Prior to appointment as Executive Director, he was positioned as President- Alternate Investments in the Company since February 1, 2023.