Disclosure under Regulation
46 of SEBI (LODR) Regulation 2015

Disclosure under Regulation 46 of SEBI (LODR) Regulation 2015

Business Details
Memorandum and Articles of Association
Brief profile of board of directors including directorship and full-time positions in body corporates.

Niral Krupeshbhai Patel

Aged 44 years, is the Chairman and Managing Director of our Company. He holds a bachelors’ degree in engineering (computer branch) from University of Pune, a diploma degree in electrical engineering from Maharashtra State Board of Technical Education and masters’ degree in business administration from Hult International Business School. He has been associated with Amod Stampings Private Limited, Auro Stampings Private Limited, Venus Laminations Private Limited, Neptune Erectors Private Limited, Neptune Realty Private Limited, Neptune Infraspace Private Limited, Heritage Procon LLP and K.-One Infraspace LLP. Currently his key responsibilities include managing relationships with customers and suppliers, implementing strategies and overseeing budgets. He has 22 years of experience in transformers sector.

Directorship in other entities:Atlanta Trafo Private Limited, Amod Stampings Private Limited, Auro Stampings Private Limited, Venus Laminations Private Limited, Neptune Erectors Private Limited, Neptune Infraspace Private Limited, Neptune Realty Private Limited, Atlanta Transformers Private Limited, Patel Family Trustee Private Limited, AE Components Private Limited


Amish Krupeshbhai Patel

Aged 42 years, is a Whole-time Director of our Company. He holds a bachelor’s degree in business administration from Sardar Patel University. He has been associated with our company since 2022 and is also affiliated with Neptune Realty Private Limited. Currently his key responsibilities include identifying high potential land parcels and collaborations with project managers and contractors. He has 17 years of combined experience in real estate, investment and acquisitions.

Directorship in other entities:Amod Stampings Private Limited, Auro Stampings Private Limited, Venus Laminations Private Limited, Neptune Erectors Private Limited, Neptune Realty Private Limited, Neptune Infraspace Private Limited, Patel Family Trustee Private Limited


Tanmay Surendrabhai Patel

aged 48 years, is a Whole-time Director of our Company. He holds a diploma in electrical engineering from Maharashtra State Board of Technical Education. He has been a part of our company since 2002. Currently his key responsibilities include procurement of raw materials, components and supply chain logistics. He has 22 years of expertise in the transformers, electrical and manufacturing sectors.

Directorship in other entities:Atlanta Trafo Private Limited, Amod Stampings Private Limited, Auro Stampings Private Limited, Venus Laminations Private Limited, Neptune Erectors Private Limited, Neptune Infraspace Private Limited, Neptune Realty Private Limited, Atlanta Transformers Private Limited, Patel Family Trustee Private Limited, AE Components Private Limited


Milin Kaimas Mehta

Aged 60 years, is an Independent Director of our Company. He is a chartered accountant enrolled with the Institute of Chartered Accountants of India. He has been associated with K C Mehta & Co. LLP for over three decades as a partner. He has over 30 years of experience in accounting, tax and law sectors.

Directorship in other entities:VA Tech WABAG Limited, Deepak Phenolics Limited, Gujarat Life Sciences Private Limited, Shiva Pharmachem Limited, Technokraft Products Private Limited, Rubamin Private Limited, Vadodara Marathon, 5Paisa Capital Limited, Indusface Private Limited, Styrenix Performance Materials Limited, Deepak Chem Tech Limited, Ark Foundation for the Arts, Farmson Pharmaceutical Gujarat Private Limited, Patel Vijyaben Trusteeship Private Limited, Farmson Basic Drugs Private Limited


Bhadresh Bhupendrabhai Chauhan

Aged 62 years, is an Independent Director of our Company. He holds a bachelor’s degree in engineering (electrical) from Saurashtra University. He was previously associated with Gujarat Electricity Board and Gujarat Energy Transmission Corporation Limited. He has over two decades of experience in management, transmission network planning and renewable energy sectors.

Directorship in other entities:Associated Power Structures Limited


Dukhabandhu Rath

Aged 64 years, is an Independent Director of our Company. He holds a bachelor’s degree in arts from Utkal University. He was previously associated with State Bank of India. He has over four decades of experience in banking sectors.

Directorship in other entities:APL Apollo Tubes Limited, S Gupta Holding Private Limited, 20 Microns Limited, SG Mart Limited, Armee Infotech Limited, K.P. Energy Limited, SG Finserve Limited, Shiva Pharmachem Limited, Falcon Marine Exports Limited


Jinkal Darshan Patel

Aged 41 years, is an Independent Director of our Company. She holds a bachelor’s degree in engineering from Sardar Patel University and master’s degree in business administration from Pace University. She is associated with Elysium Pharmaceuticals Limited and has 16 years of experience in the pharmaceuticals sector.

Directorship in other entities:Elysium Pharmaceuticals Limited

Terms and conditions of appointment of independent directors
Composition of various committees of Board of Directors
Code of Conduct of Board of Directors and Senior Management Personnel
Details of establishment of Vigil Mechanism / Whistle Blower Policy
Criteria of making payments to non-executive directors, if the same has not been disclosed in annual report
Policy on dealing with Related Party Transactions
Policy for Determining Material Subsidiaries
Familiarisation Programme for Independent Directors
The Email address for grievance redressal and other relevant details
Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances
Financial Results
Details of agreements entered into with the media companies and / or their associates
Not Applicable
Schedule of analyst or institutional investor meet and presentation made by the listed entity to analysts or institutional investors simultaneously with submission to stock exchange
Not Applicable
Audio recordings video recording, if any, and transcripts of post earnings or quarterly calls , by whatever name called, conducted physically or through digital means.
Not Applicable
New name and the old name of the listed entity
Not Applicable
Advertisements as per Regulation 47 (1)
Not Applicable
Credit rating or revision in credit rating obtained
Separate audited financial statements of each subsidiary of the listed entity in respect of a relevant financial year:
AE Components Private Limited
Atlanta Trafo Private Limited
Secretarial Compliance Report
Not Applicable
Materiality Policy as per Regulation 30 (4)
Disclosure of contact details of KMP who are authorized for the purpose of determining materiality as required under regulation 30(5)
Disclosures under regulation 30(8)
Not Applicable
Statements of deviation(s) or variation(s) as specified in regulation 32
Not Applicable
Dividend distribution policy as specified in Regulation 43 A (1)
Annual return as provided under section 92 of the Companies Act, 2013
Employee Benefit scheme documents framed in terms of SEBI (SBEB) Regulations, 2021
Not Applicable