Asit C. Mehta Financial Services Limited at its board meeting held on May 23, 2024 approved appointment of Mr. Suresh Kunar Jain (DIN 05103064), as an Additional Independent Director of the Company with immediate effect. Mr. Suresh Kumar Jain holds a bachelor's degree in science (honors), Master's in Economics, and Diploma in Personnel Management & Labour Welfare. Mr. Suresh Kumar Jain is a certified associate of the Indian Institute of Bankers and has been a banker for over 36 years.

Mr. Suresh Kumar Jain was a General Manager of Bank of India. Mr. Suresh Kumar Jain was selected by Government of India as Executive Director of Union Bank of India and retired in May 2014. Besides his experience in domestic market, Mr. Suresh Kumar Jain has experience in dealing in credit and foreign exchange, with earlier stints in London and Hong Kong.

Mr. Suresh Kumar Jain has also served/serving as Director on the Board of various Companies.