Essar Shipping Limited at its board meeting held on May 30, 2022, appointed Mr. Sunil Modak and Ms. Raji Chandrasekhar as Additional Directors designated as an Independent Non- Executive Director of the Company, effective from May 30, 2022. Mr. Modak, 62 years, joined Essar group in May 1984 and has more than 32 years of experience in all aspects of shipping industry including inland, Coastal and Foreign waters. During his
tenure in Essar group he was working in day to day technical matters of the vessels, Correspondence with MMD and DG, Assisted in preparing tenders for IOC etc., secured exposure to Maritime legal matters, assisted in onboarding of officers and crew, Laisoning with shipbrokers worldwide, Preparing MOAs for sale and purchase of ships, Preparing Charter party agreements etc., He has during his tenure Independently carried out full sequence of taking over of ship, Prepared letters for Oil Majors, Flag States, Port State authorities, Class Societies on various Shipping related matters etc. He is a graduate in COP 2nd class 1981, GOI and he was associated with the group till 2017. Ms. Raji, 57 years, joined Essar in the year 2008 and was associated with the group until 2016. Prior to this, she has worked with Reliance Industries for 16 years in Administrative capacity. A graduate from Mumbai University in Commerce, with an overall experience of 32 years. Her last stint was with NRB Bearings Ltd. assisting the Managing Director's office. Her exposure to functioning of listed companies will be of assistance to the Board.