In furtherance to earlier intimation with respect to the signing of definitive agreement with Electron IM Pte. Ltd. for investment by Electron in the Investment Manager ("Company") and the consequent change in control of the Investment Manager, the company wish to inform that the Board composition of the Company has been changed with effect from June 07, 2019 in the below manner: Mr. Sanjay Nayar, a representative of Electron IM Pte. Ltd. is appointed as the Director (Non-executive) on the Board of the Company; and Mr. Kuldip Kumar Kaura has resigned from the office of director from the Board of the Company. Currently, he is a member of the board of USISPF, and SEBI's NISM Board of Governors. He also serves on the Board of Emerging Markets Private Equity Association (EMPEA), Washington D.C; Indian School of Business (ISB); Advisory Board of Habitat for Humanity; Chairman of Grameen Impact Investments India (GIII); and Founding Member of Brookings.