NCC Limited announced that at its board meeting held on February 8, 2024, approved the appointment of Sri Ramesh Kailasam as an Additional Director in the category of Non-Executive Independent Director on the Board of the Company; approved the appointment of Smt Uma Shankar as an Additional Director in the category of Non-Executive Independent Director on the Board of the Company. Sri Ramesh Kailasam (49 Years) is a Cost Accountant with over 27 years of multi-sector experience with core strengths in governance reforms, public policy, leadership, strategy formulation and implementation, government relations, crisis management, business development, market entry etc. He has also worked and advised various corporates, start-ups, governments, industry bodies and think tanks on various innovative projects and policy challenges.

He has authored a number of whitepapers, books, reports, policy papers and strategies for ICT, Infrastructure, Education, Health, Governance, Policy, Security, Energy, Start-ups, Consumer internet etc. widely used by various governments, industry, multilateral agencies, Think Tanks etc. Smt Uma Shankar (65 years) is a Post Graduate in English and a Certified Associate of the Indian Institute of Bankers (CAIIB), Executive Education at Columbia Business School, New York (2009 alumni).

She was the former Executive Director of Reserve Bank of India. Worked in various capacities in Reserve Bank of India from September 1982 till October 2019. While serving in RBI, was nominated by the RBI on reputed Institutions namely Canara Bank, Corporation Bank, UCO Bank, Bharatiya Reserve Bank Note Mudran Pvt.

Ltd. (BRBNMPL), Security Printing and Minting Corporation of India Ltd. (SPMCIL) and ECGC Ltd. Rich experience in the Banking Supervision, Currency Management, Urban Banks Regulation, Cyber Security and Administration. More than two decades of board level experience in Government and Quasi-Govt. Organisations.

She is on the Boards of: The Karnataka Bank Limited-Independent Director; IDBI Capital Markets & Securities Limited- Independent Director; Unitech Limited- Nominee Director; Nuclear Power Corporation of India Limited- Independent Director; Member of the Fund Trustee of KIIFB (Kerala Infrastructure Investment Board)- Independent Member. Both are appointed for a period of 5 Years effective from 8th February 2024 and shall not be liable to retire by rotation.