In pursuance of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Croissance has informed that it has appointed B R Purnachandra, as Consultant - Special Projects to explore various business opportunities in the Production and Marketing of Biofuels. B R Purnachandra has a rich experience of over 3 decades and in-depth knowledge in the industry of biofuels. Brief profile of B R Purnachandra is enclosed as annexure. Further, it has informed that B R Purnachandra is not a ‘member of the core management team’ or ‘functional head’ of our Company. Accordingly, B R Purnachandra is not a member of the ‘senior management’ under Regulation 16 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 2(1) (bbbb) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations 2018. The disclosure with respect to appointment of B R Purnachandra has been made as a matter of good disclosure and is not a mandated under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.
