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5Paisa Capital Ltd.

BSE: 540776 Sector: Financials
NSE: 5PAISA ISIN Code: INE618L01018
BSE 00:00 | 24 Apr 5Paisa Capital Ltd
NSE 05:30 | 01 Jan 5Paisa Capital Ltd

Announcement under Regulation 30 (LODR)-Change in Management

April 1, 2020, 7:55 pm | Source: BSE

Dear Sir
Sub: Appointment of Mr. Milin Mehta as an Additional Non-Executive Independent Director on Board of 5paisa Capital Limited and resignation of Mr Sarbeswar Lenka as Non-executive Director
This is to inform you that since Mr. Sarbeswar Lenka has resigned from the Board of 5paisa Capital Limited as Non-Executive Director w.e.f. close of working hours of March 31 2020. Further the Company hereby appoints CA Mr. Milin Mehta on the Board as an Additional Non-Executive Independent Director w.e.f. April 01 2020 for a term of Five (5) years subject to the approval of shareholders in ensuing AGM. The Brief profile of Mr. Milin Mehta is enclosed herewith as Annexure A.Mr. Milin Mehta will be a Non-Executive Independent Director and fulfills the criteria of Independence as required under the provisions of Companies Act 2013 and the Rules framed thereunder and the Listing Regulations.