Ruttonsha International Rectifier Ltd. announced that on the recommendations of Nomination and Remuneration Committee and the Board of Directors of the Company, the members in their 53rd Annual General Meeting have considered and approved the appointment of the following independent Director: The appointment of Mr. Kaushal M. Mehta as Non-Executive Independent Director has been approved by the members of the Company in the 53rd Annual General Meeting of the Company held on 28th September, 2022 for a period of 5 year effective from 27th May, 2022 to 26th May, 2027. Mr. Kaushal M. Mehta aged 41 years is a Qualified Chartered Accountant and a member of ICAI having more than 17 years of cross border experience of working with the Big 4 consulting firms in Statutory Audits and handling Mergers 8 Acquisitions and risk consulting. His niche area of interest is in implementing enhanced levels of corporate governance standards balanced with business goals.

Mr. Mehta has led statutory audit engagements and commercial due diligence engagements in India and Dubai for large conglomerates and Multinational Companies. Mr. Kaushal M. Mehta is not related to any other Directors or Key Managerial Personnel of the Company.