Ion Exchange (India) Limited at its board meeting held on February 3, 2023 based on the recommendation of Nomination and Remuneration Committee and approval of the Audit Committee, approved the appointment of Mr. Vasant Naik as Group Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company with effect from February 3, 2023 in place of Mr. Nandkumar Manohar Ranadive, the current Group Chief Financial officer on his reaching age of superannuation. Mr. Vasant J. Naik is a Commerce Graduate from Mumbai University and an Associate Member of the Institute of Chartered Accountants of India since 1990. He has over 33 years of experience in Manufacturing, Service industries in the areas of Finance, Banking, Taxation, General Management, Business Strategy, and Merger & Acquisitions.

He has been associated with Ion Exchange (India) Limited since 2002. Date of Birth: 07-12-1966.