Vakrangee Limited announced at its Board of Directors meeting held on January 25, 2019, approved the re-designation and elevation of Mr. Dinesh Nandwana from Managing Director and CEO to Executive Chairman of the company with immediate effect i.e. January 25, 2019 . Based on the recommendation of the Nomination & Remuneration & Compensation Committee, the Board of Directors have appointed Mr. Anil Khanna as an Additional Director on the Board of the Company with effect from January 25, 2019 . In terms of section 161 of the Companies Act, 2013 Mr. Anil Khanna shall hold office as an Additional Director up to the date of next Annual General Meeting of the Company.

Further, on the recommendation of the Nomination & Remuneration & Compensation Committee, the Board of Directors have appointed Mr. Anil Khanna, as the Managing Director & Group CEO of the Company for period of 5 years with effect from January 25, 2019. The appointment of Mr. Anil Khanna shall be subject to the approval by the shareholders at the upcoming annual general meeting of the company. Mr. Anil Khanna has joined Vakrangee as Managing Director & Group CEO effective 25th January 2019.

Prior to Vakrangee he has been at the position of Managing Director of Blue Dart Express Limited with effect from 21st February 2007. He has a proven track record and is well experienced to lead Vakrangee.