Excel Industries Limited informed that at the meeting of the Board of Directors of the Company held, the Board has approved appointment of Mr.
Dinesh Bhagat (DIN: 10039806), Nominee of LIC of India, as an Additional Director with effect from 24th March, 2023. Brief Profile: Mr. Dinesh Bhagat is an Honors Graduate in the field of Finance/Commerce from the University of Delhi. He joined LIC in 1985 as a Direct Recruit Officer and presently working as Zonal Manager, Northern Zone, Life Insurance Corporation of India. During his illustrious stint in LIC, he has extensively contributed in the area of Marketing for almost 29 Years. Being a self motivated and result oriented marketing professional, he has largely contributed in key areas of Marketing and Personnel and has a comprehensive knowledge of Marketing and Human Resource Development. He has been richly recognized for his contributions for the growth of Pension & Group Schemes in the Life Insurance Corporation. He has served the Corporation in very prominent positions which includes Zonal Manager Eastern Zone, Kolkata, Chief (Pension & Group Schemes), Central Office, Mumbai, Sr. Divisional Manager and Marketing Manager of different Divisions.