board of directors.

Mr. Shailesh Bhandari, aged 67 years, is B.Sc. (Economics). He is associated with the Company since its inception as its Director. Thereafter, he has been re-designated as an Executive Vice Chairman with effect from 9th February, 2024. He has led the marketing initiatives at Electrotherm over the last more than 37 years. He has been primarily responsible for building and sustaining a very strong and large customer base for various products of the Company. Due to his persistent approach towards brand identity, the Company was successful to penetrate the products of the Company at National and International level including recognition with various government organizations.

Mr. Shailesh Bhandari also supervises the banking and financial activities of the Company. Due to his business acumen and foresight, the Company was able to arrive at settlement at appropriate time with various lenders at sustainable level. Under his leadership and guidance, the Company had entered into settlement terms with 18 out of 19 Lenders / Asset Reconstruction Companies / Financial Institutions. Mr. Shailesh Bhandari has contributed immensely to the growth of the business of the Company.

Mr. Suraj Bhandari, aged 29 years, is Bachelor of Technology (Electrical and Electronics Engineering). He was associated as Management Executive in Electrotherm (India) Limited since 2017 about more than 2 years and he was assisting as executive in various fields related to sales, marketing, production & planning in Engineering & Technologies Division. He was also part of the team for getting order of first bullet caster in Gujarat region, commission of Ladle Refining Furnace (LRF) at Bellary and developing strategy for entering into new export markets for Engineering & Technologies Division.

Mr. Suraj Bhandari has been appointed as a Whole-time Director with effect from 13th November, 2019 and subsequently re-appointed in the year 2022. After his appointment as a Whole-time Director, he oversees and involved in various functions related to sales, marketing, production & planning, finance, secretarial & legal and overall business administration and management of the Company.

Thereafter, he has been elevated and re-designated as Managing Director with effect from 9th February, 2024 for the balance tenure of the appointment upto 12th November, 2025 and entrusted with substantial powers of management to manage the affairs of ‘Engineering and Technologies Division’ of the Company.

Mr. Dinesh Mukati, aged 68 years, is Commerce Graduate. He has joined the Board of the Company on 5th September, 2017 as an Independent Director and held office up to 4th September, 2022 (“first term" in terms of Section 149(10) of the Companies Act, 2013). Thereafter, he has been designated as Non-Executive Chairman of the Company with effect from 11th February, 2020. He has been re-appointed as an Independent Director for the second term of five consecutive years from 5th September, 2022 upto 4th September, 2027 on the Board of the Company.

Mr. Dinesh Mukati has worked with Indian Army and he is having around 42 years of multifunctional experience in the area of operational excellence, cultural developing, lien manufacturing including as a head of operation of Gujarat Guardian Limited. Currently, he is CEO of CDM Global, a management consultancy firm, providing consultancy to business houses in the area of manufacturing and human resource.

Mr. Pratap Mohan, aged 64 years, is MBA from IIM, Calcutta and B. Tech. (Chem) from IIT (BHU), Varansi. He has joined the Board of the Company on 5th September, 2017 as an Independent Director and held office up to 4th September, 2022 (“first term" in terms of Section 149(10) of the Companies Act, 2013). Thereafter, he has been re-appointed as an Independent Director for the second term of five consecutive years from 5th September, 2022 upto 4th September, 2027 on the Board of the Company.

Mr. Pratap Mohan is having around 39 years of multifunctional experience in the area of Greenfield projects, finance, large manufacturing operations, business developments and sales, mergers & acquisition and human resources.

Ms. Nivedita R. Sarda, aged 48 years, is Commerce Graduate, PGDBA, Certified Treasury Manager, FCA and Master in Laws (LLM). She has joined the Board of the Company on 25th May, 2018 as an Additional Director in the category of Non-Executive Independent Director and regularized at the ensuing Annual General Meeting for a period of five consecutive years upto 24th May, 2023 (“first term" in terms of Section 149(10) of the Companies Act, 2013). Thereafter, she has been re-appointed as an Independent Director for the second term of five consecutive years from 25th May 2023 till 24th May, 2028 on the Board of the Company.

Ms. Nivedita R. Sarda is Gold Medallist Chartered Accountant, Certified Treasury Manager and Corporate Lawyer. By profession, she is Advocate. She has an experience of over 26 years gained from prestigious law firms in India and financial institutions. She is the founder Partner of Vedanta Law Chambers. She acts as legal mentor, advisor, solicitor, project sponsors & coordinator to various government and private entities on business structuring & restructuring, takeovers, joint ventures, business establishments, amalgamations, international trade finance, corporate finance and securities and also involved in advising and working for different companies incorporated in US, Singapore, Germany, Saudi Arabia etc. on certain aspects of its International structured investments, setups trade and regulatory compliance. She has been speaker in national conferences and seminars and at various industry forums on state and national level.

Mr. Tushar Jani, aged 61 years, is B.E. (Mechanical). He has joined the Board of the Company as on 10th April, 2025 as an Additional Director and Whole Time Director of the Company. Further, He has been appointed as Whole Time Director for the period of three years with effect from 10th April, 2025 to 09th April, 2028, which is subject to approval of the Members of the Company.

Mr. Tushar Jani is having more than 39 years’ experience in the field of Operations, Projects, Products Development and Strategic Planning & Implementation. He is associated with Electrotherm (India) Limited (“Company”) for more than 30 years. Before his appointment as an Additional Director / Whole Time Director, he was working as an Executive Director – Operations in Engineering & Technologies (E&T) Division of the Company as Senior Management Personnel.