John Cockerill India Limited at its Board Meeting held on February 11, 2021, announced expiry of term of Mr. D. J. Balaji Rao, Independent Director effective from March 31, 2021 The term of Mr. D. J. Balaji Rao as an Independent Director of the Company will cease to expire effective from the close of working hours of March 31, 2021. Based on the recommendation of members of the Nomination and Remuneration Committee, the Board of Directors of the Company at its meeting held on February 11, 2021 have approved the appointment of Mr. Urjit Patel as an Additional Director (Non-Executive and Independent) on the Board of the Company to be effective from April 1, 2021 to hold office till the conclusion of the next Annual General Meeting and subject to the approval of the members in the forthcoming General Meeting, for appointment as an Independent Director to hold office for a term up to 5 (five) consecutive years to be effective from April 1, 2021. ML U1jit Fatel will be a Non-Executive lndepende1it Director and he is not related to the Promoter or Promoter Group and fulfils the criteria of independence as required under the provisions of the Companies Act, 2013 and the Rules framed thereunder and the SEBJ Regulations. Mr. Urjit Patel served as Governor of the Reserve Bank of India. Before that he was the Deputy Governor in charge of monetary policy. Mr. Patel is the Chairman of the Governing Body of the National Institute of Public Finance and Policy. He serves on the Investment Advisory Committee of the Army Group Insurance. Prior to public service, he had worked in the private sector for about fifteen years, viz., Reliance Industries and Infrastructure Development Finance Company. Mr. Patel started his professional career at the International Monetary Fund. He has also been a Consultant to the Ministry of Finance, Govt. of India. He was a Non-resident Senior Fellow at The Brookings Institution, Washington, D.C. Mr. Patel has served on numerous official task forces and high-level committees.