Allcargo Logistics Limited informed that the Board of Directors on June 30, 2022 have approved the appointment of Mr. Nilesh Vikamsey (DIN: 00031213) as an Additional Non-Executive Independent Director with effect from June 30, 2022 for a term of 2 years, based on the recommendation of the Governance and Nomination & Remuneration Committee. Reason for change Appointment of Mr. Nilesh Shivji Vikamsey as an Additional Director of the Company in the category of Non-Executive, Independent Director. Mr. Vikamsey is member of the Institute of Chartered Accountants of India (ICAI) since 1985, and holds a diploma in Information System Audit (DISA) of the ICAI.

Further, Mr. Vikamsey holds a Certificate course on Forensic Accounting and Fraud Detection from ICAI and Business Consultancy Studies Course of Bombay Chartered Accountants Society jointly with Jamnalal Bajaj Institute of Management Studies (JBIMS). Mr. Vikamsey is a senior partner at KKC & Associates LLP (Formerly - Khimji Kunverji & Co LLP) - an 85-year-old Chartered Accountants firm. Mr. Vikamsey is an Independent Director in other Listed & Unlisted Companies & a Committee member of organizations like lndo American Chamber of Commerce, Bombay Chartered Accountants' Society (BCAS), The Chamber of Tax Consultants (CTC).

He is a trustee in 'Sayagyi U Ba Khin' Memorial Trust (Vipassana International Academy, lgatpuri) & few educational trusts in Mumbai. He is presently a member of the Advisory Committee on Mutual Funds & also Working Group to review the Role and Eligibility of a Sponsor of a Mutual Fund of Securities and Exchange Board of India (SEBI), and Expert Advisory Committee of Institute of Chartered Accountants of India (ICAI). He is member of Advisory Boards of Blacksoil Group, IC3 Institute & MentorMyBoard.

He was the President of ICAI in the past. He was an observer on the Board of International Federation of Accountants and Member of IFAC's Technology Advisory Group. He was the Past Chairman of Federal Bank Limited and member of IRDA.

He was the Chairman of SEBl's Qualified Audit Report Committee and member of Corporate Governance Committee chaired by Uday Kotak, Primary Market Advisory Committee and Committee on Disclosures and Accounting Standards (SCODA). He was member of International Auditing and Assurance Standards Board (IAASB) Reference Group for Audits of Less Complex Entities. He is a Speaker/Chairman at various seminars, meetings, lectures held by ICAI & other organizations.