The board of AAG Energy Holdings Limited announced that, on March 24, 2017, Mr. Saurabh Narayan Agarwal was appointed as a non-executive director of the Company, a member of the remuneration committee of the Board and a member of the new business committee of the Board with effect from the same date, responsible for advising on human resources and business development matters. Mr. Agarwal is a Managing Director at Warburg Pincus.