Aris International Limited announced the Board of directors re-constituted the committees as under: Audit Committee: Mrs. Sanghamitra Sarangi; Mr. Avinash R Tiwari; Mr. Nitin Oza; Miss. Ira Mishra. Nomination and Remuneration Committee: Mrs. Sanghamitra Sarangi; Mr. Avinash R Tiwari; Mr. Nitin Oza.

Stakeholders Relationship Committee: Mr. Avinash R Tiwari; Mrs. Sanghamitra Sarangi; Mr. Ramesh C Mishra. Mr. Nitin Oza was appointed as an Independent Director of the Company and since his appointment he was holding 9,410 (2.04%) equity shares. This shares he purchased from Mr. Avinash Tiwari - Independent Director of the Company .

Considering the present paid up capital of the company, the holding of Mr. Nitin Oza consisting of 9,410 amounting to 2.04%. Considering all other parameters the Board declares him as an Independent Director of the Company.