INEOS Styrolution India Limited announced the Appointment of Mr. Ravishankar Kompalli as an Additional and Whole-time Director on the Board of the Company. K. Ravishankar has over 45 years' experience in manufacturing of Styrenic polymers i.e. ABS, SAN, PS and Styrene Acrylics and managed multiple chemical plant sites involving highly hazardous process. He graduated in Chemical engineering from Andhra University in 1977 and started his career in Polystyrene Plant of Polychem ltd. During his more than four decades of working in polymer industry he has worked in companies with UB group, Bayer ABS Ltd, Sumitomo(Indonesia), INEOS Styrolution and Shiva Performance Materials Ltd. Till recently he was with Supreme Petrochem Ltd. as consultant for their upcoming mass ABS project.

Technology is his core strength and had hands on experience with JSR, Bayer, Sumitomo, Monsanto and BASF processes in Styrenic polymers. He has co-patented High Rubber Graft ABS powder technology for INEOS Styrolution presently in operation at Nandesari Plant, Gujarat. He also holds safety management diploma from Central Labour Institute, Mumbai of Govt of India and is well versed in advanced process safety concepts.

Appointment of Mr. Milin Mehta as an Additional Director (Independent) on the Board of the Company. Milin Mehta leads the practice of the firm K. C. Mehta & Co. for over three decades.

Under his leadership, he has steered the firm to expand in its scope of services and geographic presence. He has been instrumental in instilling the spirit of high ethical standards in the firm and quality drive growth. Besides being a Chartered Accountant, he is also a Law Graduate.

His multi-faceted and meritorious academics and experience gives him opportunity to serve clients in the areas ranging from accounting to tax, valuations to strategies and governance to law. Milin has earlier led the tax practice of the firm and was responsible in setting up the international tax and transfer pricing practice. Milin presently focuses on the Transaction Advisory Services of the firm, while also providing technical leadership to the Tax practice.

Milin's ability to articulate a point and his fair approach has enabled him to negotiate very complex cases. He cherishes arguing in complex tax litigation and has to his credit several reported decisions, some of which are path breaking. He was invited by the Finance Ministry, Government of India, through CBDT to be member of the committee appointed for formulation of ICDS as well as MAT Computation under Ind-AS scenario.

Due to his active participation in the activities of the Institute of Chartered Accountants of India and contribution in the seminars and conferences throughout the country, Milin has developed an excellent network amongst the professionals. He serves as Independent /non-executive Director in various listed and unlisted companies and chairs their audit committees. He is a prolific speaker and has presented papers and delivered talks in seminars at national level.

Appointment of Mr. Prem Kumar Taneja as an Additional Director on the Board of the Company. Mr. Premkumar Taneja has more than four (4) decades of rich and varied experience in the field of Governance, Administration and Business Management. He was Additional Chief Secretary (ACS) Industries & Mines Department, Home Department, Forest & Environment Department and at several other senior administrative positions with Govt.

of Gujarat and also Director with Govt. of India. He has also led many Govt.

of Gujarat promoted companies as Chairman /Managing Director /Director for more than a decade. Some of them are - GSFC, GACL, GSECL, GIPCL, GNFC, GUVNL and erstwhile BECL. As a Chairman/Managing Director/Director, he has gained rich experience in all facets of Business Management.

He was instrumental in turning around GACL and the erstwhile GEB, which was unbundled into seven State owned corporations. He was also awarded "Outstanding Manager of the Year Award" by Ahmedabad Management Association (AMA) in 2005 as MD, GACL. Further, other business enterprises were also bestowed with awards instituted by Govt.

of India and other reputed organizations when he was heading these Govt. promoted companies.