TCI Industries Limited announced that the appointment of Mr. Navneet Kumar Saraf as an Additional Director in the category of Non-Executive-Independent Director of the company, who shall hold office up to the date of the 58th Annual General Meeting to be held in the year 2023. Mr.Navneet Kumar Saraf is an Indian Citizen and 45 years age. He has completed Bachelor's Degree in Mechanical Engineering from the University of Manchester, UK and the Owner President Management Program (OPM) from Harvard Business School.

In 2000, he founded Technosoft Engineering Projects Ltd. which spearheads the Group's foray into Engineering Design services and Technosoft has grown over the years into a company employing more than 500 engineers and providing value added engineering services to the Industrial Machinery, Automotive and Oil and gas verticals across the world. He has also led Technosoft to acquire several companies in USA and Canada. He has also been instrumental in leading the diversification of the Group into the scaffolding and formwork structures business and development of international markets in USA, Canada, Europe, Australia and New Zealand.

He has been instrumental in expanding Technocraft manufacturing in China, where the group established a manufacturing plant to manufacture Drum Closures and Scaffoldings. Mr. Navneet is presently working with Technocraft Industries (India) Limited as CEO and Executive Director.