Shri R.L. Srivastava, Director, aged 74 years,
is a post - graduate in Science. He is a Non-Executive Independent Director. He has held the position of Executive Director of IFCI Ltd. He has rich and varied experience in the different fields of Corporate Finance and various aspects of Sugar Industry, during his long and distinguished career with IFCI Ltd. Initially, for the first two years Mr. Srivastava was the nominee Director of IFCI Ltd.. Thereafter, since 1998, he is on the Board of the Company as an independent Director. He is also on the Board of M/s. Regency Hospital Ltd., Kanpur.