Bio Green Papers Limited announced that at its board meeting held on June 5, 2024, Ratified the appointment of Mr. Sai Suseela Rao Yerramsetti (Membership No. A72725) as the Company Secretary and Compliance Officer of the Company with effect from 31st May 2024 and also approve the resignation of the following Directors and KMP's of the Company pursuant to the NCLT Order: Jagdish Velamala as Managing Director, Venkateswarlu Velamala as Director, Mallikarjuna Sarma Guntur as Director, Kiran Kumar Garlapalli as Director /Additional Director, Nikita Jain as Company Secretary with effect from May 31, 2024. Approved the appointment of Mr. Ghanshyam Dass (DIN: 01807011) as an Additional Director (Independent - Non-Executive Director) of the Company with immediate effect and designating him as the Chairman of the Board. Approved the appointment of Mr. Sarat Kumar Malik (DIN: 09791314) as an Additional Director (Independent - Non-Executive Director) of the Company with immediate effect. Approved the appointment of Mr. Vivek Kumar Ratakonda (DIN: 02090966) as an Additional Director (Independent - Non-Executive Director) of the Company with immediate effect. Approved the appointment of Mrs. Sirisha Rani Singhu (DIN: 08239885) as an Additional Director (Women Independent Director - Non-Executive) of the Company with immediate effect. Approved the appointment of Mr. Rohit Reddy Samala (DIN: 03273674) as an Additional Director (Non -Executive Director) of the Company with immediate effect. Approved the appointment of Mr. Ganesh Meenavalli, Executive Director of the Company, as the Managing Director of the Company with immediate effect. Mr. Ghanshyam Dass has had an outstanding career in domestic, international banking and Capital Markets for over 45 years, during which he developed a firm understanding of the complexities of global markets. He is thoroughly familiar with the regulatory and business environment in USA, European Union, South East Asia,
Middle East, India and other major money-center locations. While working for various organizations in the region, he has been able to establish close and mutually cooperative relationship with most Banking
and non-Banking Financial Institutions, Stock Exchanges, Corporates, Regulators and Government Departments. Dr. Sarat Kumar Malik a Ph. D,M.A(Economics) from JNU, New Delhi and an UGC Research Fellowship
holder,having more than 30Years of rich and varied experience in financial sectors,securities markets and worked with Government regulatory bodies like SEBI and RBI. Dr. Malik led the team for Financial Sector Assessment
Program (FSAP) undertaken by IMF and played a prominent role in SEBI Policy Advisory Policy Group. Dr. Malik was a part of Secondary Market Advisory Committee (SMAC) and have been associated with
different regulations in the areas of Secondary market, Primary market, Mutual funds, Foreign Portfolio Investors, AIF, REITs, INVITs, Debt Market etc. in SEBI. Vivek Kumar Ratakonda is a Member of the Institute of
Chartered Accountants of India having nearly three decades of specialized experience in mergers and amalgamations. His extensive career has equipped him with deep expertise in the intricacies of corporate
restructuring, strategic financial planning, and due diligence processes. He has played a pivotal role in numerous high-profile mergers and amalgamations, guiding companies through complex transactions with precision and insight. Mrs. Sirisha Rani Singhu is a B.Tech graduate from JNTU Hyderabad with 10 years of experience as a Digital Marketing Head, specializing in generating digital leads, driving sales, executing campaigns, and
managing content for top global brands. Additionally, possesses 10 years of experience in BPO with expertise in sales strategies. Rohit Reddy is a serial entrepreneur with experience across healthcare, beauty, e-commerce, and
international markets. He co-founded Glow Aesthetic LLP, a chain of skin clinics, showcasing his expertise in the healthcare and beauty sector. He also established Glow Global LLP, a cosmetics distribution company,
demonstrating his ability to build successful businesses and navigate international trade. Rohit holds a strong foundation in business and economics, having completed his Intermediate and Business Studies, providing him with a solid understanding of business principles and market trends. Meenavalli Ganesh is a graduate in the stream BSC in Finance and Banking from the University of Greenwich, London and having good experience in the field of Finance and Banking sector. The company Ratified the appointment of following Directors appointed by the Resolution Professional, Pursuant to the Resolution Plan: Mr. Krishna Mohan Meenavalli as Executive Director, Mr. Ganesh Meenavalli as Executive Director, Mr. Sai Santosh Althuru as Executive Director.