Kinetic Trust Limited at its board of directors meeting held on 16th May, 2019, appointed Mr. Ashok Juneja as the new Chairman of the company with effect from 16th May, 2019 in place of Mr. Vinod Bansal, the existing Chairman, who hereby steps down from such post as Chairman. The company also approved that Ms. Radhika Jhujhunwala, Company Secretary be and is hereby appointed as the Whole Time Company Secretary and Compliance Officer of the company with effect from 16th May, 2019. The company also approved that Mr. Sanjeev Arora is appointed as an Additional Director with immediate effect and he shall be designated as Whole Time Director of the company.

The company also approved that Mr. Ranjan Kumar to be appointed as the whole time Chief Financial Officer of the company with immediate effect. The company also approved to change the designations of Mr. Rajesh Arora, Mr. Vinod Bansal and Mrs. Kiran Duggal from executive director to non-executive director of the company. The company also approved the resignation of Mr. Vinay Agarwal from the directorship of the Company.

The company also approved to appoint Mr. Vinay Bhatia to act as Director, of the company, be and is hereby appointed as an additional director of the company and to be designated as non-executive independent director.