The Board of Directors of Gufic Biosciences Limited meeting held on February 12, 2018, approved appointment of Mr. Shrirang V. Vaidya as an additional Independent Director of the company with effect from February 12, 2018 for a period of three years, subject to the approval of the shareholders of the company. Mr. Shrirang Vaidya has over 37 years of experience in Banking industry. In the initial years of his career, he joined as a Banker in a Nationalized Bank for three years. Then, he joined as a DRO in one of the largest Co-operative Bank in India. Due to his valuable contribution and meritorious performance, he rose to the post of Assistant General Manager in the said bank. His main expertise lies in credit and audit compliance. He retired from the said bank in the year 2016.