The Nomination and Remuneration Committee of the Board of Directors of Reliance Industrial Infrastructure Limited at its meeting held on March 20, 2023 recommended the appointment of Shri A. Siddharth (a non-independent director of the Company) as an independent director of the Company. Shri A. Siddharth stepped down as a non-independent director of the Company from close of business hours of March 20, 2023. Shri A. Siddharth (Age 69 years) is a Commerce and Law graduate from the Mumbai University, a fellow member of the Institute of Chartered Accountants of India and an associate member of the Institute of Company Secretaries of India.

Shri A. Siddharth was associated with Deloitte, Haskins & Sells for over four decades and served as Partner for 33 years upto 2019. He has vast and varied experience in the field of Audit of domestic as well as multinational companies in sectors such as Manufacturing, Hospitality, Technology and Non-Banking Financial Services. Currently, he holds Independent Directorships on the Board of Indiabulls Housing Finance Limited, Alok Industries Limited, Den Networks Limited, JM Financial Products Limited, Reliance Ethane Pipeline Limited, Strand Life Sciences Private Limited, Jio Payments Bank Limited and JM Financial Asset Management Limited.