Tantia Constructions Limited announced that meeting of the Monitoring Committee held on 15th June, 2023, approved the Approval for formation of the new Board of Directors of the Company by appointment of three new directors viz., Mr. Ravi Todi as a Non-executive Director; Mr. Shrish Tapuriah as a Non-executive Director; and Mr. Tarun Chaturvedi as an Executive Director of the Company. The MC took note of the cessation of office of the erstwhile directors of the Company Mr. I.P. Tantia and Mr. Rahul Tantia. Mr. Ravi Todi, aged around 54 years, holds a bachelor's degree in Commerce from St.

Xavier's College and is a renowned businessman holding directorships in major EPC, Infrastructure and real estate Companies in India, viz. Shrachi Group, BTL EPC Ltd. (Engineering), Shrachi Agrimech Limited and South City Projects (Kolkata) Ltd. Mr. Ravi Todi has also been holding directorship in SKP Securities Ltd. for over a decade now. This entity is considered to be eastern India's leading boutique investment banker offering bespoke financial/investment solutions to a cross section of institutional, corporate, private wealth and retail customers.

In addition to the above Mr. Ravi Todi is, currently, an Independent Director of Texmaco Infrastructure & Holdings Limited- a listed entity considered a leader in the field of Railway Freight Cars/Wagons, Hydro- Mechanical Equipment for Mega Power Projects, Heavy Steel Structures and Process Equipment. Mr. Shrish Tapuriah, aged around 52 years, is a chartered accountant by qualification and a member of the Institute of Chartered Accountants of India since 1994. He graduated from St.

Xaviers College, Kolkata, in 1991. Mr. Tapuriah possesses specialisation in Taxation, corporate and capital structuring, business planning and decision making, development of systems and processes, tax and corporate compliances. Currently, he holds Directorship in companies involved in business related to real estate etc.

Mr. Tarun Chaturvedi, aged around 51 years, is a chartered accountant by qualification with post-qualification experience of 28 years in the field of finance, taxation and allied laws. His post qualification experience includes working at leading manufacturing companies and known consultancy firms. Given his interest in academics, he has been associated with leading management institutes in India (including MDI Gurgaon, IIMs etc.) and abroad as a visiting faculty in the field of finance. During this period, he has authored several articles and books on finance and taxation.

Over the past few years, he has been actively involved in the power and infrastructure sectors in India as a consultant/advisor apart from being a Director in some of the companies. During this period he has developed a deep understanding and interest in these sectors.