Cenlub Industries Appoints Kamlesh Kumar Johari as Independent Director

Cenlub Industries Ltd has announced the appointment of Mr. Kamlesh Kumar Johari as an Additional Director in the capacity of Non-Executive Independent Director. The appointment, effective June 28, 2024, was approved by the company's Board of Directors following a recommendation from the Nomination and Remuneration Committee.

Appointment Details

| Position | Effective Date | Term | Approval Status | |:---|:---|:---| | Additional Director (Non-Executive Independent Director) | June 28, 2024 | 5 consecutive years (June 28, 2024 to June 27, 2029) | Subject to shareholder approval at the Annual General Meeting |

Professional Background

Mr. Johari brings a wealth of experience to Cenlub Industries, with over 45 years as a governance professional. His career highlights include:

• Extensive experience as an auditor
• More than two decades in leadership roles
• Currently serving as Independent Director in multiple companies:
  • Flowcon Auto Tech Private Limited (since March 2024)
  • Flowcon Auto Systems Private Limited (since June 1991)
  • Alwar Chits Pvt. Ltd (since May 1994)

Regulatory Compliance

The company has confirmed that Mr. Johari is not related to any existing directors of Cenlub Industries Ltd. Additionally, he has not been debarred from holding a directorship position by any regulatory authority, ensuring compliance with corporate governance standards.

This strategic appointment aims to strengthen Cenlub Industries' board with Mr. Johari's extensive experience in governance and auditing. The company's shareholders will have the opportunity to ratify this appointment at the upcoming Annual General Meeting.