Generator Manufacturers– Powerica Limited Company Profile

Board of Directors

Naresh Chander Oberoi – Powerica Board of Directors

Mr. Naresh C. Oberoi, Chairman and Managing Director. He is the Co-founder of the Company. His knowledge and strategies have transformed Powerica Limited into a huge success in the gensets business. Under his leadership Powerica Limited has expanded its business lines into renewal energy business through windmills, which in turn has given substantial growth prospects to the Company. Also, he has been the Chairman of several Committees of Powerica Limited and on board of various companies, including associates and subsidiaries of Powerica Limited.

Bharat Oberoi – Powerica Board of Directors

Mr. Bharat Oberoi – Jt. Managing Director., He has been associated with the Company since 1994. He holds a Bachelor’s Degree in Commerce from the University of Bombay and has vast and diversified experience in marketing gensets. His well planned marketing strategies has increased the turnover of Powerica Limited progressively. His analytical and decision making skills have profited the Company in various ways.

Kharati Ram Puri-Powerica Board of Directors

Mr. Kharati Ram Puri, Director has been associated with our Company since its inception. He holds a bachelors degree in Arts. He has over four decades of experience in power generating set industry and managing business enterprises. Prior to joining our Company, he was associated with Powerica Sales & Services Private Limited.

Ms. Renu Naresh Oberoi - Appointed as Whole - time Director

Ms. Renu Naresh Oberoi, Appointed as Whole – time Director of Company with effect from March 20, 2017. She has been associated with the Company since 2014. She holds a Bachelor’s Degree in Commerce from the University of Bombay. She is also entrepreneur in the Business of Jewellery Designing including high end precious Jewellery and been associated with Wind Division of Powerica Limited for more than 2 years. She has a keen interest in wind power and actively involved herself in execution of wind power projects of Company. She delivers her business insight in various aspects of wind projects starting from concept to commissioning

Dinesh Kumar -Powerica Board of Directors

Mr. Dinesh Kumar, an independent Director of our Company, has been associated as an independent director with our Company since June 25, 2009, when he was appointed as the director of our Company. He holds a graduation degree from National Defence Academy and a post graduation degree from Military studies from Defence Services Staff College, Wellington. He has 17 year of experience in electrical equipments. Prior to joining our Company, he was associated with Trident Powercraft Private Limited as its Chairman.

Ghanshyam Dass-Powerica Board of Directors

Mr. Ghanshyam Dass, an Independent Director of our Company, has been associated with our Company as an independent director since February 10, 2011, when he was appointed as the director of our Company. He is Senior Advisor to KPMG in India and NASDAQ OMX Group, USA.

Ghanshyam has had an outstanding career in domestic, international banking and Capital Markets for over 37 years, during which he developed a firm understanding of the complexities of financial markets. He is thoroughly familiar with the regulatory and business environment in USA, European Union, South East Asia, The Middle East, India and other major money-center locations. While working for various organisations in the region, has been able to establish close and mutually cooperative relationship with most Banks and non-Banking Financial Institutions, Stock Exchanges, Corporates, Regulators and the Government Departments. Ghanshyam has been a strong advocate of sound corporate governance and high standards of transparency to the corporate sector in the region.

Over the last two decades, Ghanshyam has been a significant voice in promoting India and Indian corporates in many countries worldwide. He has travelled extensively across all continents and has been a speaker and participated in panel discussions and conferences (including World Economic Forum) in Australia, China, Hongkong, Singapore, South Korea, Vietnam, Thailand, Malaysia and several countries in the Middle East, among others.

He is also an Independent Director on the Boards of Jain Irrigation Systems Ltd., Jubilant Industries Ltd. Jubilant Agri & Consumer Products Ltd; Mayar Infrastructure Development Pvt. Ltd.; Avighna Ltd, Online Recharge Services Pvt. Ltd, and Estel Technologies Pvt. Ltd.

Chief Mentor – Ziddu.com and a Trustee of “The Braj Foundation”. He is also President, Para Athletics Federation of India and Governing Council Member, Bangalore International Mediation, Arbitration and Conciliation Centre (BIMACC).

He holds Bachelor’s degree with Honours in Economics from Delhi University and Masters in Linguistics (an Inter Disciplinary Course) from Jawaharlal Nehru University, New Delhi, India.

Krishnen Dev-Powerica Board of Directors

Mr. Krishen Dev, an Independent Director of our Company, has been associated with our Company since February 10, 2011 as in independent director. He holds a graduation degree in Chemical Engineering from Indian Institute of Technology, Kharagpur. Prior to joining our Company, he was associated with Century Enka Limited.

Prakash Gurav - Powerica Board of Directors

Mr. Prakash Y. Gurav has been associated as an Independent Director from July 3, 2012. Prakash Y. Gurav holds a Masters Degree in Commerce and is a Chartered Accountant. He has an extensive experience in finance function. His past experience mainly includes Cummins India Limited and Tata Motors Limited, where he was holding senior management positions.

Uday Dhavan

Mr. Udai Dhawan is a Nominee Director representing Standard Chartered Private Equity (Mauritius) II Ltd and Standard Chartered Private Equity (Mauritus) III Ltd. His appointment was approved by the Board of Directors at their meeting held on March 20, 2017 as Nominee Director. He holds a Master’s Degree in Business Administration from Wharton School, University of Pennsylvania and is a Chartered Accountant from the Institute of Chartered Accountants of India. He is a Managing Director with Standard Chartered Private Equity (SCPE) in India. He joined SCPE in 2008 and has since then been involved with several of the fund’s investments. Prior to SCPE, Mr. Udai Dhawan worked for 13 years in financial services, focused on corporate investing, M&A and corporate finance, both in India and the United States.

Mr. Vibhav Parikh

Mr. Vibhav Parikh appointed as Alternate Director to Mr. Udai Dhawan, Nominee Director representing Standard Chartered Private Equity (Mauritius) II Ltd and Standard Chartered Private Equity (Mauritus)III Ltd. His appointment was approved by the Board of Directors at their meeting held on March 20, 2017 as Alternate Director to Mr. Udai Dhawan. He is an Executive Director with Standard Chartered Private Equity (SCPE) in India. He joined SCPE in 2011 and has since been involved with the fund’s investment and management of assets in India totalling approximately USD 300 million. Vibhav is an accomplished entrepreneur, investment banker, and private equity investment professional with 16 years of progressive experience in business leadership, client relationships, transaction execution, and investment management at Standard Chartered Private Equity, TPG, AdImpact (one of India’s first digital signage companies), Citigroup, ICICI Securities, and Merrill Lynch. He has extensive experience in the M&A advisory / private equity markets in Asia. Vibhav has a BBA with “High Distinction” from the Stephen M. Ross School of Business, University of Michigan, AnnArbor.

Mr. PRADEEP GUPTA -Powerica Board of Directors

Mr. Pradeep Gupta, appointed as Whole – time Director of the Company with effect from September 2, 2016 , has been associated with Powerica from 2004, when he joined the Company as Vice-President Corporate Affairs and worked as Head of its Renewable Energy Division. A B -Tech holder with expansive knowledge of the renewable energy sector, he brought with him the experience of being the prime mover in successfully managing from grass root level the commissioning of a 2.3 MW Wind Farm Project, when the sector was just starting to develop in India in the 1990’s. His expertise is both in technical and commercial areas and has in depth knowledge of every aspect of renewable energy sector in general, and wind energy in particular. He was the Chief Architect behind the move of Powerica diversifying into the renewable energy sector. This division of the Company now has installation capacity of 146 MW wind power project and in addition to this commissioning and successful operation of 146 MW of wind power project, Powerica has also developed pipeline wind projects for around 1000 MW in different states across the country under his leadership.

Mrs. Veena Thadhani -Powerica Board of Directors

Mrs. Veena Bhagwan Thadhani, is an eminent Lawyer and has been practising since 1984 in the Hon’ble High Court and Hon’ble Supreme Court. She specialises in Constitutional matters, Writ petitions related to licences and has a wide experience in both Civil and Criminal proceedings. She has successfully fought for various social causes by filing PIL’s in the Hon’ble High Court.

Mrs. Veena Bhagwan Thadhani has done her B.A. (Hons.) in Economics & Political Science and LL.M. in Constitutional & Administrative Law, Comparative Constitutional Law, Hindu Law & Interpretation of Statutes. She is also holding a Post Graduate Certification in Alternative Dispute Resolution (ADR) from University of Mumbai.

She has had a brilliant academic record. She was the Head Girl of Christ Church School and stood First Class First in her school in the Indian School Certificate Examination. She also stood first in the merit list for LL.M. examinations held by the Bombay University.

Mrs. Veena Bhagwan Thadhani is the Chairperson of the Association of Commerce House Block Owners Ltd., a Director of Niramaya Holistic Health Services Private Limited and a Trustee of the Chinmaya Seva Trust of the Chinmaya Mission Mumbai.

Note:

Mrs. Lata Naresh Oberoi, has ceased as a Director of the Company w.e.f May 1, 2016.

Mr. Nainesh Jaisingh resigned as Nominee Director of the Company w.e.f. December 20, 2016.