MKVentures Capital Limited announced that at the Board Meeting held on May 30, 2023, approved the following matters: The Board appointed Mr. Siddharth Agrawal (DIN: 02180571), Mrs. Shruti Bahety (DIN 05238795) and Mr. Rajeev Kumar Agarwal (DIN 00962635), as an Additional (Independent Directors) of the Company for a period of five years effective from May 30, 2023; the Board also noted the resignation of Mrs. Swati Dujari (DIN: 05349218) as Director of the Company from the Board with effect from the close of business hours on May 30, 2023. Brief Profile of Siddharth Agrawal (DIN 02180571): Mr. Siddharth Agrawal is a commerce Graduate and M.B. A From Pune. He is the chairman of CII of Chhatisgarh region for the year 2023-2024.

He is the strategic Planner and he has got a knack for converting ideas and policies to concrete execution. He has successfully commissioned 50 MW Solar thermal Power Plant at Rajasthan which is one of its kind in India and is also looking after the overall plant operations. He looks after the procurement of raw materials at optimal cost, and marketing & sales of finished goods of the company GPIL.

Business Development for the group is his major Forte. He has spearhead the successful implementation of SAP & Integrated Management system in GPIL making it the first Company in Chhatisgarh to achieve this feat. Presently he is spearheading the project on Emobility as Aggregator and integrated Township spread over and area of 300 Acres at Raipur-Chhatisgarh.

Brief Profile of Shruti Bahety: Mrs. Shruti Bahety holds a post graduate degree in human resource management from International Management Institute, New Delhi and bachelors' degree from Hansraj College, University of Delhi. Mrs. Shruti Bahety is a search professional with over 7 years of experience. She started her career at Future Step India in their consumer, retail and pharmaceutical sector.

She has worked on and closed niche level assignments for both domestic and MNC clients. After three years of professional search experience, Shruti is now a freelance search consultant. She has had fixed retainer with Godrej Group for over three years and has successfully worked on over 20 roles with them across the group.

In addition to clients in consumer and pharma industry, she is also working with one of the leading law firms in the country today. Prior to working with Future step, Shruti has had the experience of interning with ITC Hotels and Capgemini India.Shruti's core area of expertise includes talent scouting and mapping using the best-in-class available resources. Brief Profile of Mr. Rajeev Kumar Agarwal (DIN 00962635): Mr. Rajeev Agarwal, an Engineering graduate from I.I.T, Roorkee, belongs to1983 batch of Indian Revenue Service and has got wide experience of Securities Markets, Commodity Markets and Taxation - Whole Time Member, SEBI, for 5 years; Member, Forward Markets Commission, erstwhile regulator of Commodity futures markets, for 5 and a half years; Indian Revenue Service - 28 years.

During his tenure on the board of SEBI he supervised and handled the Policy of important departments dealing with markets in equity, bonds, currency and commodities, Mutual Funds, Foreign Investors, International Affairs, Corporate Governance, PEs, VCFs, Start Ups etc. He was also responsible for revival package of the Mutual Fund Industry in 2012 when the industry was going through a major crisis after `Entry Load' ban in 2010. Since then the MF Industry has grown more than 5 times.

He supervised smooth merger of commodity Market regulator, Forward Markets Commission, with SEBI in 2015 which was a very rare event globally. He has wide exposure of Global Markets and their regulation having interacted with Global peers and International bodies such as IOSCO and Pacific Pension Investment Institute, San Francisco, a body of Global Pension Funds whose member pension funds command a pool of more than 25 Trillion USD. He is attending their roundtables and has worked with their members on ESG issues.

Presently, he is running an Advisory in capital market advising Indian corporates /start-ups on regulatory issues and corporate governance. He is also on the panel of experts of a number of Global Consultancies and is advising their foreign clients on Indian Capital Markets.