board of directors.

Mr. Dinesh Mukati, aged 68 years, is Commerce Graduate. He is Independent Director of the Company since, 5th September, 2017. He is a Non-Executive Chairman of the Company. He has worked with Indian Army and he has multifunctional experience in area of operational excellence, cultural developing, lien manufacturing.

Mr. Dinesh Mukati is a Member of Audit Committee, Nomination and Remuneration Committee, Corporate Social Responsibility Committee, Management Committee and Securities Allotment Committee.

Mr. Shailesh Bhandari, aged 68 years, is B.Sc. (Economics). He is associated with the Company since its inception as its Director. Currently, he is a Managing Director designated as an Executive Vice Chairman of the Company. He has led the marketing initiatives at Electrotherm over the last more than 39 years. Due to his persistent approach towards brand identity, the Company was successful to penetrate the products of the Company at National and International level including recognition with various government organizations.

Mr. Shailesh Bhandari also supervises the banking and financial activities of the Company. Due to his business acumen and foresight, the Company was able to arrive at settlement at appropriate time with various lenders at sustainable level. Under his leadership and guidance, the Company had entered into settlement terms with 18 out of 19 Lenders / Asset Reconstruction Companies / Financial Institutions. Mr. Shailesh Bhandari has contributed immensely to the growth of the business of the Company.

Mr. Shailesh Bhandari is heading Management Committee, Corporate Social Responsibility Committee and Securities Allotment Committee. He is also a Member of Stakeholders Relationship Committee.

Mr. Suraj Bhandari, aged 30 years, is Bachelor of Technology (Electrical and Electronics Engineering). He is associated with Electrotherm (India) Limited since 2017. Currently, he is Managing Director of the Company. He has good experience in the sales, marketing, production & planning in Engineering & Technologies Division.

Mr. Suraj Bhandari oversees and involved in various functions related to sales, marketing, production & planning, finance, secretarial & legal and overall business administration and management of the Company.

Mr. Suraj Bhandari is a Member of Management Committee.

Mr. Pratap Mohan, aged 65 years, is MBA from IIM, Calcutta and B. Tech. (Chem) from IIT (BHU), Varansi. He is Independent Director of the Company since, 5th September, 2017.

Mr. Pratap Mohan is having around 40 years of multifunctional experience in the area of Greenfield projects, finance, large manufacturing operations, business developments and sales, mergers & acquisition and human resources.

Mr. Pratap Mohan is Chairman of Audit Committee. He is also a Member of Nomination and Remuneration Committee, Stakeholders Relationship Committee and Securities Allotment Committee.

Ms. Nivedita R. Sarda, aged 49 years, is Commerce Graduate, PGDBA, Certified Treasury Manager, FCA and Master in Laws (LLM). She is Independent Director of the Company since 25th May, 2018.

Ms. Nivedita R. Sarda is Chartered Accountant (Rank Holder), Certified Treasury Manager and Corporate Lawyer. By profession, she is an Advocate. She has wide experience in the field of business structuring & restructuring, takeovers, joint ventures, business establishments, amalgamations, international trade finance, corporate finance and securities, International structured investments, setups and regulatory compliance.

Ms Nivedita R. Sarda is heading Stakeholders Relationship Committee. She is also a Member of Audit Committee and Nomination and Remuneration Committee.

Mr. Raj Kumar Bansal, aged 67 years, is a rank-holder Chartered Accountant. He has joined the Board of the Company as an Additional Director in the category of Non-Executive Independent Director of the Company for a term of five (5) consecutive years, with effect from 20th July, 2026 to 19th July, 2031. He is having about 40 years of experience in the Banking and Asset Reconstruction (“ARC”) Industry. Mr. Raj Kumar Bansal possesses expertise and experience in all functional areas of Banking, including Corporate Banking, Project Appraisal, Retail Banking, International Banking, Finance & Accounts (CFO), Resources, Recovery, Investments, Treasury and Operations etc.

Mr. Raj Kumar Bansal was the Managing Director and Chief Executive Officer (CEO) of Edelweiss Asset Reconstruction Ltd. He has also served as Executive Director of IDBI Bank for eight years. He has also held various Board positions, including IDBI Federal Life Insurance Co. Limited, J.K. Lakshmi Cement Limited, Uttam Value Steels Limited, Small Industries Development Bank of India, IDBI Asset Management Limited, National Securities Depository Limited (NSDL) and NSDL e-Governance Infrastructure Limited. Further, he was also appointed as the CEO of StockHolding Corporation of India Limited.

He also served as the Co-Chair on the FICCI Committee on Stressed Assets and Chairman of the Association of ARCs in India. He was also a member of the Indian Banks Association’s Standing Committee on Retail Banking.

Mr. Raj Kumar Bansal is Chairman of Nomination and Remuneration Committee. He is also a Member of Audit Committee, Stakeholders Relationship Committee and Corporate Social Responsibility Committee.

Mr. Harish Mukati, aged about 49 years, is a Structural & Civil Engineering graduate from National Institute of Technology (NIT) Bhopal. He also completed Executive Management Studies from IIM – Ahmedabad. He has joined the Board of the Company as on 20th July, 2026 as an Additional Director and Whole Time Director & Chief Executive Officer of the Company. Further, he has been appointed as Whole Time Director & Chief Executive Officer of the Company for the period of three (3) years with effect from 20th July, 2026 to 19th July, 2029, which is subject to approval of the Shareholders of the Company. He is a Senior Business and Engineering Professional with over 25 years of experience across Engineering, Steel, Manufacturing, Industrial Technology, Project Management, Supply-Chain, Operations and Business Transformation.

He has been associated with Electrotherm since 2005 and has held various leadership positions across the organisation spanning engineering, technology, projects, operations, business management. He has also served as a Chief Executive Officer (Steel Division) of the Company since 14th November, 2024 till his appointment as a Whole Time Director & Chief Executive Officer. He has been closely involved in the growth and transformation of the Company’s businesses including Steel and Engineering – Operations.

Mr. Tushar Jani, aged 62 years, is B.E. (Mechanical). He is Whole Time Director of the Company from 10th April, 2025. Mr. Tushar Jani is associated with the Company for more than 31 years. He has significant experience in the field of Operations, Projects, Products Development and Strategic Planning & Implementation. Before his appointment as Whole Time Director, he was working as an Executive Director – Operations in Engineering & Technologies Division of the Company as Senior Management Personnel.

Mr. Davesh Khandelwal, aged about 41 years, holds a Bachelor of Engineering (BE) in Mechanical Engineering from Bharati Vidyapeeth. He has joined the Board of the Company as on 26th August, 2026 as an Additional Director and Whole Time Director of the Company. Further, he has been appointed as Whole Time Director of the Company for the period of three (3) years with effect from 26th August, 2026 to 25th August, 2029, which is subject to approval of the Shareholders of the Company. He is a distinguished professional with over two (2) decades of extensive experience across various sectors, including power, steel, marketing and international trade.

Mr. Davesh Khandelwal began his career at Hindustan Unilever (HUL), where he developed a solid foundation in business operations and strategy. Starting from humble beginnings at Shreeyam Power and Steel Industries Limited, he spearheaded various key positions across different departments and thereafter he was appointed as a Whole Time Director / Managing Director of Shreeyam Power and Steel Industries Limited in 2013.

Mr. Rajesh Bhalchandra Patel, aged about 63 Years, is a Diploma holder in Automobile engineering from Government Polytechnic, Ahmedabad. He has joined the Board of the Company as on 26th August, 2026 as an Additional Director in the category of Non-Executive Non-Independent Director of the Company, subject to approval of the Shareholders of the Company.

He is having 39 years of wide experience in the manufacturing, business development and operations in electrical industries. He also having experience in erection, testing, design, commissioning, maintaining extra high voltage substations / projects upto 400 KW, electrical penal, switch yard projects, power project etc.