Prudent Corporate Advisory Services : Amendment to AOA/MOA

PCASL/50/2022-23

Date: 10.01.2023

To,	To,
The National Stock Exchange of India Ltd	BSE Limited
Exchange Plaza,	Phiroze Jeejeebhoy Towers,
Bandra - Kurla Complex,	Dalal Street,
Bandra (E),	Mumbai- 400 001
Mumbai - 400 051	SCRIPT CODE: 543527
NSE EQUITY SYMBOL: PRUDENT
ISIN: INE00F201020
Dear Sir/Madam,

Sub.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations")

Pursuant to Regulation 30 of the Listing Regulations, this is to inform you that the Board of Directors has, at their meeting held on January 9th, 2023, inter-alia, considered and approved:

1. Re-appointment of Mr. Aniket Sunil Talati (DIN: 02724484) for a second term of five (5) consecutive years as an Independent Director, not liable to retire by rotation, w.e.f June 7, 2023 (date of re-appointment) upto June 6, 2028 based on the performance evaluation and recommendation of the Nomination and Remuneration Committee, subject to approval of shareholders.

Mr. Aniket Sunil Talati is not debarred from holding the office of Director by virtue of any order of Securities and Exchange Board of India or any other such authority.

2. Re-appointment of Ms. Shilpi Sumankumar Thapar (DIN: 00511871) for a second term of five (5) consecutive years as an Independent Director, not liable to retire by rotation, w.e.f June 7, 2023 (date of re-appointment) upto June 6, 2028 based on the performance evaluation and recommendation of the Nomination and Remuneration Committee, subject to approval of shareholders.

Ms. Shilpi Sumankumar Thapar is not debarred from holding the office of Director by virtue of any order of Securities and Exchange Board of India or any other such authority.

3. Alteration in "Object Clause" of the Memorandum of Association of the Company by inserting sub-Clause 5 with respect to carry on businesses of (1) solicitation and procurement of insurance and to act as Insurance Repository or an Approved Person with an Insurance Repository, which is subject to approval of the shareholders.

The details of such re-appointment as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is given in Annexure I & II to this letter.

We request you to kindly take the same on record.

Thanking you,

Yours Faithfully,

For, Prudent Corporate Advisory Services Limited

Ghetia	Digitally signed by Ghetia Dhavalkumar Pareshbhai
DN: C=IN, O=Personal, T=0475, OID.2.5.4.65=

	7a1a28de95344d0782ac8de09de8b5ec, Phone=
DhavalkumGujarat, SERIALNUMBER=
	e88678d294e49fc0fb7bbed4775ad6ba60ed0322bd31
	8f075ae7cf83eb559d36, PostalCode=362215, S=
ar	f6822c8cd227c1e610c90c3125b11d740cf2d8430566
b7038bb367af54f6b3dd, CN=Ghetia Dhavalkumar
Pareshbhai
Reason: I am the author of this document
Location:

Date: 2023.01.10 12:06:55+05'30'

PareshbhaiFoxit PDF Editor Version: 12.0.0

________________

Dhaval Ghetia

Company Secretary

Tele No: 079-40209600

Email: [e-mail]

Annexure - I

Disclosure of information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Sr.	Details of events that	Information of such events
no	need to be provided

1. Reason for change viz re- Re-appointment of Mr. Aniket Sunil Talati as an

appointment	Independent Director for a second term of five (5)
	consecutive years commencing from June 7, 2023 to
	June 6, 2028.

2. Date of re-appointment & Re-appointed as an Independent Director for Five (5)

	Term of Appointment	consecutive years commencing from June 7, 2023 to
		June 6, 2028.
3.	Brief Profile	Mr. Aniket Sunil Talati (DIN: 02724484), aged 37 years,
		is an Independent Director of the Company. He is a
		qualified Chartered Accountant and was admitted as a
		fellow of the Institute of Chartered Accountants of India.

He also holds a bachelor's degree in commerce from the University of Mumbai and a master's degree in commerce for finance and taxation from Indira Gandhi National Open University. He was elected to the Twenty Fifth Council of the Institute of Chartered Accountants of India in 2022 from the Western India Regional Constituency. He has previously been associated with Lovelock & Lewes LLP, Chartered Accountants. He has been elected as the Vice- President of the Institute of Chartered Accountants of India for the term 2022-23. He is currently a partner at Talati & Talati LLP, Chartered Accountants, Director of ICAI Accounting Research Foundation, Indian Institute

		of Insolvency Professionals of ICAI and Extensible
		Business Reporting Language (XBRL) India. He is also
		ID of Gennext Insurance Brokers Private Limited,
		wholly owned subsidiary of the Company. He has also
		been recently appointed as the Technical Advisor to
		the Board member of SAFA (South Asian Federation of
		Accountants). He has over eleven years of experience
		as a qualified chartered accountant.
4.	Disclosure of	Mr. Aniket Sunil Talati is not related to any director of
	relationships between	the company.
	directors (in case of
	appointment of a director)

Annexure-II

Disclosure of information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Sr.	Details of events that	Information of such events
no	need to be provided

1. Reason for change viz re- Re-appointment of Ms. Shilpi Sumankumar Thapar as

appointment	an Independent Director for a second term of five (5)
	consecutive years commencing from June 7, 2023 to
	June 6, 2028.

2. Date of re-appointment & Re-appointed as an Independent Director for Five (5)

	Term of Appointment	consecutive years commencing from June 7, 2023 to
		June 6, 2028.
3.	Brief Profile	Ms. Shilpi Sumankumar Thapar (DIN: 00511871),
		aged 43 years, is an Independent Director of the
		Company. She is a qualified company secretary and a
		fellow member of the Institute of Company Secretaries

of India. She is also Associate Member of the Institute of The Chartered Secretaries and Administrator of England and Wales. She also holds a bachelor's degree in law and a bachelor's degree in commerce from the Gujarat University. She is also registered with the Insolvency and Bankruptcy Board of India as an insolvency professional. She is also a Certified Arbitrator & Mediator (Accredited by IIAM). She was adjudged as "Certified Corporate Director" by The World Council for Corporate Governance. She was awarded with Highest Honour "Doctor of Excellence- Honoris Causa" by Confederation of International Accreditation Commission, Global in cooperation with