Nilkamal Limited approved the appointment of Ms. Kavita Shah and Mr. Ashok Kumar Goel as an Additional and Independent Director of the Company for a period of five consecutive years with effect from 18th September, 2023 and 1st November, 2023 respectively. Ms. Kavita Shah aged 56 years, has joined as Additional Director (Independent Director) of Company. She is a Chartered Accountant (FCA) with more than 30 of experience in Accounting, Auditing, Taxation, Company Law matters, Project Financing, Corporate Restructuring, Corporate & Management Consultancy, Merchant Banking, Investment Banking etc.

She possesses Merchant Banking Certification from National of Securities Market She is currently working as Partner with Inga Ventures Private Limited, a category Spearheading equity capital market raising- public offering as well private equity including FCCBs and other debt offerings, advisory transactions like open offer under SAST regulations, buy back of shares, delisting, fair valuation of shares, valuation of company, and other products like formati01i of A1Fs, RElTs, lNVlT's etc. Vas formerly a Practicing Chartered Accountant more than 10 years as a partner with S.H Bathiya Associates engaged in the f-field of Audit, Taxation, Company law matters, Consultancy work, Corporate Finance, etc. Mr. Ashok Kumar Goel is a serial entrepreneur with various businesses.

Currently he is investing in different businesses of finance, manufacturing and focused more on ventures which have positive social and environmental impact. As Chairman of Pan India Paryatan Pvt Ltd. he oversees the management of Essel World, the largest amusement park in the country and Water Kingdom, one of the largest Theme Water Parks in Asia. He is a true visionary and a veteran in the entertainment and amusement industry.

He was Chairman and Managing Director of Essel Propack Limited (now called EPL Ltd) until 2019 when he divested his majority stake. Under Ashok Goel's leadership, EPL has been ranked no. 1 in laminated tubes in the world and holds a particularly strong position in emerging economies of India and China.

He has successfully led the integration of a complex and diverse range of technologies and processes and achieved operational efficiencies and overall integration of different cultures and processes. Ashok was President of Plastlndia Foundation an apex Plastic Industry association, OPPI and Founder President of IAAPI (Indian Association of Amusement Parks and Industries).