Mr. Aseem Sehgal is appointed as a director to the Board of Simbhaoli Sugars Limited with effect from February 23, 2021. He will be an Independent Director within the meaning of Sections 149, 152, 161 read with Schedule IV and other applicable provisions, if any, of the Companies Act, 2013 and the Companies (Appointment and Qualification of Directors) Rules, 2014 read with the corporate governance norms of the Listing Agreement with the Stock Exchange under the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time.