NITESHEST

NEL Holdings Limited has informed the Exchange regarding Resignation of Mr Shantanu Consul as Independent Director of the company w.e.f. August 01, 2019.

Nitesh Estates Limited has informed the Exchange regarding Change in Director(s) of the company.

Nitesh Estates Limited has informed the Exchange regarding Resignation of Mr Ghyanendra Nath Bajpai as Independent Director of the company w.e.f. August 17, 2018.Mr. Ghyanendra Nath Bajpai, Independent Director (DIN: 00946138) has resigned from the Board of the Company with effect from August 17, 2018 due to personal reasons. He has recently turned 76 years of age, and he was on the Board of the Company for 11 years since 2007.

Nitesh Estates Limited has informed the Exchange that Appointment of Mr. Prasant Kumar (A18603) as Company Secretary and Chief Compliance Officer of the Company. The Board of Directors in their meeting held today (August 10, 2018) have appointed Mr. Prasant Kumar as Company Secretary & Chief Compliance Officer of the Company.

Nitesh Estates Limited has informed the Exchange regarding Superannuation of Company Secretary & Chief Compliance officer .

Nitesh Estates Limited has informed the Exchange regarding Reappointment of Director of the company.

Nitesh Estates Limited has informed the Exchange that Mr. Shantanu Karkun has joined the Company as President-Projects.

Nitesh Estates Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on February 09, 2017, have approved the re-appointment of Mr. L.S. Vaidyanathan(DIN:00304652), whole time director, designated as Executive Director for a period of 3 years starting from April 01, 2017 to March 31, 2020 (both days inclusive) .

Nitesh Estates Limited has informed the Exchange that Mr. Ashok Aram, Independent Director of the company has moved to Frankfurt, Germany, as Chief Executive Officer of Deutsche Bank European Operations. Mr. Ashok Aram has served on the Board of the Company over 7 years and contributed to the growth of the Company . In view of the geographical move, he has expressed his inability to continue on the Board of the Company , has elected to resign from the Board of the Company. However, he will be extending his support to the Company as Advisor.

Nitesh Estates Limited has informed the Exchange that Mr. Sudhakar Rao, Non-Executive Director of the Company has tendered his resignation on October 12, 2016 due to his other commitments.

Nitesh Estates Limited has informed the Exchange that Mrs. Dipali Khanna has been appointed as an Independent Director on the Board of the Company at its Meeting held on May 28, 2015.

Nitesh Estates Limited has informed the Exchange that Mrs Shobha Patil was appointed as an Independent Women Director at the Board Meeting of the Company held on March 31, 2015.

Nitesh Estates Limited has informed the Exchange that Mr. M. D. Mallya, former Chairman & Managing Director of Bank of Baroda, a well known Banker, who has won the Banker of the year award 2010 , 2011, 2012 has joined the Board of our Company as an Independent Director with effect from 1ih Feb 2014. Mr. M.D. Mallya is also the Chairman of India lnfradebt Co. Ltd and Member of Governing Council for Centre for Advanced Financial Research and Learning (CAFRAL), Selection Committee of Chairman and Executive Directors of Public Sector Banks, Board for Payment & Settlement System of Reserve Bank of

Nitesh Estates Limited has informed the Exchange that Mr. Sudhakar Rao, an Additional Independent Director who was appointed on August 30, 2013, ceased to hold the office of Director from Annual General Meeting held on September 27, 2013 pursuant to section 260 of the Companies Act, 1956. The meeting of the Board was held on September 27, 2013, post the conclusion of Annual General Meeting of the Company, in which Board has appointed Mr. Sudhakar Rao as an Additional Independent Director.

Nitesh Estates Limited has informed the Exchange that Mr.Sudhakar Rao, IAS (Retd.) has been appointed as an Additional Director on the Board of the Company effective August 30, 2013.

Nitesh Estates Limited has informed the Exchange that at the Board meeting held on March 14, 2013, Mr. Jagdish Capoor, former Deputy Governor of Reserve Bank of India and Former Chairman of HDFC Bank Ltd has been inducted as an Independent Director.Mr. Capoor is also serving as an Independent Director of Board of reputed companies like, Indian Hotels Co. Ltd, LIC Housing Finance Ltd, etc.. Chairman of Manappuram Finance Ltd, Board of Governors of Indian Institute of Management, Indore, . Further the Company has informed that, Mrs. Pushpalatha Shetty, Promoter Director has stepped down from the

Nitesh Estates Limited has informed the Exchange that Mr. D. E. Udwadia, Independent Director has resigned from the Board of the Company effective February 21, 2013.

Nitesh Estates Limited has informed the Exchange that Mr. James Brent has resigned from the Board of Company and the same has been taken note in the Board meeting held on November 28,2012.

Nitesh Estates Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on September 26, 2012 post the conclusion of the Annual General Meeting, have approved the following : (a) Appointment of Mr. Ashish Dalal as an Additional Director. Mr. Ashish Dalal will be an Independent Director; (b) Re-constitution of the Audit Committee of the Board with the following members : Mr. Ashish Dalal - Independent Director (Chairman of the Committee), Mr. D. E. Udwadia - Independent Director, Mr. G. N. Bajpai - Independent Director, Mr. L. S. Vaidyanathan - Executive

Nitesh Estates Limited has informed the Exchange that Mr. M A Venkateshan has been appointed as Chief Finance Officer of the Company with effect from November 10, 2010.

Nitesh Estates Limited has informed the Exchange that the Company has elevated Mr.Ganapathi Joshy into a new role as a Director of a SPV. He will also take charge of other group companies as Vice President - Corporate Affairs. Further, the Company has informed that Mr.D.Srinivasan has been appointed as Company Secretary & Chief Compliance Officer with effect from October 20, 2010.