The Waterbase Limited announced that based on the recommendation of Nomination and Remuneration Committee, the Board of Directors at their meeting held on February 8, 2023 have appointed Ms. Nitasha Thapar as an Additional Director (Non-Executive & Non Independent) with effect from February 8, 2023, subject to the approval of members of the Company. Mr. Ranjit Mehta has resigned from the position of Independent Director of the Company with effect from February 8, 2023 . Further, Mr. Ranjit Mehta has confirmed that there are no other reasons for his resignation, other than those mentioned in his resignation letter dated February 8, 2023. The Board of Directors at their meeting held on February 8, 2023 have appointed Mr. Bala Arumugam as Company Secretary and Compliance Officer of the Company with effect from February 8, 2023. Ms. Nitasha Thapar is the Director of Indian City Properties Limited and s he is also engaged in CSR initiatives focused on gender empowerment and education, rural development and wildlife conservation. She holds a Bachelor of Arts degree from Tufts University and an Associate in Applied Science from Parsons School of Design. Post graduating she worked at reputable design studios and went on to establish her own design firm, lnfonauts, which specialised in graphic a nd information
design. Their clients included Oxfam, WHO, Wall Street Journal and Harvard Business Review. Mr. Bala Arumugam is an Associate Member of the Institute of Company Secretaries of India. He has over 10 years of experience m Legal, Corporate Secretarial and Compliance functions in reputed corporations in India.