Hindustan Composites Limited on March 29, 2024 appointed Mr. Rajan Arvind Dalal as Non-Executive Independent Director of the Company for a term of upto 5 (five) consecutive years with effect from 21st February, 2024 till 20th February, 2029 by way of passing special resolution through Postal Ballot process as set out in the Postal ballot notice dated 21st February, 2024. Mr. Rajan Dalal has over 50 years of vast experience in running various businesses with varied experience in international and financial markets. He is currently on the board of 2 listed companies namely Century Textiles and Industries Limited and Sutlej Textiles and Industries Limited.

He has been associated with various industries and has extensive experience spanning to multiple businesses and varied functions including creating dealer network, wealth management, investment in equity and debt market, capital raising etc.