Nitiraj Engineers Limited, at the board meeting held on January 6, 2022 approved the appointment of Mr. Deepam Pradeep Shah, Mr. Pranit Anil Bangad and Mr. Avinash Chandsarkar as Independent Directors of the Company. Date of appointment & term of appointment: 15th December, 2021 & for 5 years. Mr. Deepam Shah is currently partner in M/s Hotel Ganapati Palace, Dhule.

Mr. Pranit Bangad has experience over 08 years in the field Manufacturing of Air Coolers. With his experience in manufacturing, he is expected to contribute to the production planning and other manufacturing activities of the company. Mr. Avinash Chandsarkar is an associate level member of Indian Institute of Insurance Surveyors & loss Assessors.

The Board has considered and approved Resignation of Mr. Anil Nandkishor Bangad, Mr. Shabbir Sadruddin Masani, and Mr. Pradeep Chandrakant Shah from the post of Independent Director after completion of their terms.