POLARIND

Polar Industries Limited has informed the Exchange that Mr. Kishan Lal Sharma has been appointed as an Additional Director of the Company, w.e.f. January 24, 2012. Further, Mr. Uday Chand Kungilwar, an Independent Director of the Company, vide his letter dated January 25, 2012 has resigned from the directorship of the Company with immediate effect.

Polar Industries Limited has informed the Exchange that Ms. Samta Agarwal vide her letter dated January 10, 2012 has resigned from the post of Company Secretary and Compliance Officer of the Company with immediate effect.

Polar Industries Limited has informed the Exchange that Mr. Anil Agarwal, Managing Director of the Company, has been designated as Compliance Officer of the Company with effect from January 11, 2012.

Polar Industries Limited has informed the Exchange that "Asset Reconstruction Company (India) Limited (ARCIL) has vide its letter no. ARG-II/PJ/FY11/820 dated 06.05.2010 withdrawn its nomination of Mr. P.S. Ravendernath from the Board of Directors of M/s Polar Industries Ltd. with immediate effect. By virtue of such withdrawal of nomination by ARCIL, the requirement of minimum 50% independent directors in the board is not fulfilled. Thus, the Company by way of resolution passed by circulation appointed Mr. Uday Chand Kungilwar as an Additional Director, designated as 'Independent Director' on

Polar Industries Ltd has informed the Exchange that "Mr. Arun Thaman, the CEO of the Company has by way of his letter dated March 1, 2009 resigned from the post of CEO and the service of the Company. The same has been accepted by the Company on April 28, 2009 and he will be released from the service of the Company from the closing hours of April 30, 2009".

Polar Industries Ltd has informed the Exchange that the Company has by way of Board Resolution Passed on November 05, 2008 appointed Mr. Arun Thaman, B.COM, PGDMM, PGDMtM, with 20 years of Industrial Experience, as Chief Executive Officer (CEO) of the Company.

Polar Industries Ltd has informed the Exchange that "Mr. Viswanath G. Malagi has resigned from the post of Company Secretary of the Company with effect from 22nd April, 2008. Till the position of Company Secretary is filled up by a suitable candidate Mrs. Samta Agarwal, the Asst. Company Secretary of the Company will be acting as the Compliance Officer of the Company and will be directly liaising with the authorities such as SEBI, Stock Exchanges, Registrar of Companies etc., and investors with respect to implementation of various clauses, rules, regulations and directives of such authorities

Polar Industries Ltd has informed the Exchange that "The following changes have taken place in the Directorship of the Company: (a) IFCI Ltd. has by way of its letter dt.25.03.2008 withdrawn its nomination of Mr. S K Vats from the Directorship of the Company; (b) Asset Reconstruction Company of India Limited (ARCIL) has by way of its letter dt. 07.04.2008 nominated Mr. Sanjoy Gupta on the Board of Directors of the Company". Further the Company has submitted a list of Directors of the Company as on April 10, 2008. The details of the same shall be available on the NSE website (http://www.nseindi

Polar Industries Ltd had informed the Exchange regarding resignation of Company Secretary, Mr. Raj Kumar Agarwal w.e.f. August 23,2006. The company has now informed the Exchange that Mr. Vishwanath G. Malagi has been appointed as Company Secretary of the Company w.e.f. October 10,2006. Further, the matter relating to appointment of Mr. Malagi, as the Compliance Officer of the Company shall be taken up by the Board at its next Board Meeting. In the intervening period, Mr. Anup Luharuka, AGM (Finance) of the Company has been authorised by the Board to carry out the functions of Compliance Office

Polar Industries Ltd has informed the Exchange that (1) Shri. N.G. Khaitan has resigned from the directorship of the Company with effect from March 30, 2006 (2) Shri. S. P. Singh, has been appointed has as an additional Director of the Company with effect from March 30, 2006 by circulation, nominated by Punjab National Bank as per CDR empowered group sanction.

Polar Industries Ltd has informed the Exchange that Mr. Manoj Harlalka has resigned from the post of Company Secretary and Mr. Raj Kumar Agarwal has joined as Company Secretary w.e.f. August 22, 2005.