Uniparts India Limited announced that the Board of Directors of the Company at its meeting held i.e., February 08, 2024, have interalia approved appointment of Mr. Parmeet Singh Kalra (DIN: 06928230) as an Additional Director designated as Independent Director of the Company for a period of five (5) consecutive years with effect from February 08, 2024, to hold office up to February 07, 2029 (based on the recommendation of Nomination and Remuneration Committee). The Company will place the appointment of Independent Director before the Shareholders of the Company for regularizing his appointment through postal ballot. Mr. Parmeet Singh Kalra holds a bachelor's degree in mechanical engineering from Manipal Institute of Technology and a master's degree in business administration from Delhi University. He has over 47 years of diverse experience in construction, mining sector, industrial equipment sales including entrepreneurial
experience. He has worked with Ingersoll Rand India Pvt. Ltd., a multinational corporation for a period of 20 years at senior management level. Presently, he is operating entrepreneurial ventures and has dealership of Kobelco Construction Equipment India Pvt. Ltd. (A Japanese MNC) for distribution of compressors and other equipment(s). He is also part of the Board of Directors of Gripwel Fasteners Pvt. Ltd. (a wholly owned subsidiary Company) as an Independent Director.