Board of Directors – NEL Holdings Limited

<p style="font-size:15px;font-weight: bold;">Mr. Nitesh Shetty</p>

Mr. Nitesh Shetty

Chairman

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Mr. Nitesh Shetty

Chairman

Nitesh Shetty, a first generation entrepreneur, is the founder and Chairman of Nitesh Estates. Under his leadership, the company has scaled up in 8 years and successfully completed an initial public offering and raised series of Private Equity Capital. A former tennis player, he started his career at the age of 19, with a billboard business with interest in Infrastructure, Hotels, Shopping Malls & Diversified Investments. He is the founder and sets the Big Vision for the growth of the company.

<p style="font-size:15px;font-weight: bold;">Mr. Jagdish Capoor</p>

Mr. Jagdish Capoor

Independent Director

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Mr. Jagdish Capoor

Independent Director

Mr. Jagdish Capoor, the former chairman of HDFC Bank, brings with him a wealth of knowledge regarding the banking and financial sector. He has worked at the Reserve Bank of India (RBI) as Deputy Governor of the Bank.
Capoor’s other assignments include serving on the Board of Directors of the Indian Hotels Co Ltd, Non Executive Chairman of Manappuram Finance Limited,Board of Governors of the Indian Institute of Management, Indore. He also held roles on Academic Advisory Board of Asian Business School and as a Chairman of Governing Board of the Derivatives Segment of the Bombay Stock Exchange Ltd.[BSE]. He is a Fellow of Indian Institute of Banking and Finance and holds a Masters of Commerce from University of Agra.

<p style="font-size:15px;font-weight: bold;">Mrs. Dipali Khanna</p>

Mrs. Dipali Khanna

Independent Director

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Mrs. Dipali Khanna

Independent Director

Mrs. Dipali Khanna holds Masters in Arts from the Delhi University (Lady Sri Ram College) and she is M.Sc. (National Security) from the National Defense College, ICMA and Certificate of Leadership Programme, Harvard. Mrs. Khanna was in Indian Railway Accounts Services in 1976, Retired as Member Secretary of Indira Gandhi National Centre for Arts which is analogues to Secretary to Government of India. Prior to that she was an Additional Member (Finance) of Railway Board and was also a Financial Adviser with National Disaster Management Authority over 10 years and served in Senior Roles at Ministry of Defense and Ministry of Power. She also served on the Boards of large Public Sector Undertakings – such as HAL, MDL, GRSC and GS. She has also chaired various sub-committees of the Boards.

<p style="font-size:15px;font-weight: bold;">Mr. Shantanu Consul</p>

Mr. Shantanu Consul

Independent Director

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Mr. Shantanu Consul

Independent Director

Mr. Shantanu Consul is a retired IAS Officer and has served as Secretary to the Government of India. Before retirement in the year 2010, he was serving as Government Secretary in the Department of Personnel and Training. He joined the Indian Administrative Service in the year 1974 and belongs to the Karnataka Cadre. During his service he has worked in Government of India in the Ministry of Civil Aviation, Department of Chemicals and Petro-Chemicals and Ministry of Telecommunications.

He also served in various departments in Karnataka State as Deputy Commissioner of Bidar, Principal Secretary – Food and Civil Supplies, Principal Secretary – Department of Agriculture, Commissioner Bruhat Bangalore Municipal Corporation and as Managing Director of Karnataka State Tourism Development Corporation Limited.

Further, he is also in the Management Committee of several Delhi Public Schools.

<p style="font-size:15px;font-weight: bold;">Mr. Ananthanarayanan</p>

Mr. Ananthanarayanan

Independent Director

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Mr. Ananthanarayanan

Independent Director

Mr. S Ananthanarayanan was a Financial Adviser and Chief Accounts Officer in Western Railway, Mumbai, in the grade of Additional Secretary to the Government of India and has also served as a member of the Railway Claims Tribunal in the grade of Special Secretary to the Government of India.

He is a science graduate with Master’s Degree in Physics and has various other degrees and qualifications which include PG Diploma (Public Administration), PG Diploma in Software Technology (PGDST), PG Diploma in Intellectual Property Rights Law, Diploma in Cyber Laws, Bachelor of Law (LLB) and Certificate course on Arbitration.

He is currently on the panel of arbitrators of the Indian Council of Arbitration and the International Centre for Alternate Dispute Resolution, New Delhi and has also been a sole or joint arbitrator in fifteen matters and ‘adjudicator’ in two cases with Mumbai Rail Vikas Corporation.

He has won the national award for ‘Excellence in Science Communication’ by the Department of Science and Technology, Government of India. He has also been an author for over 900 articles in print in different publications.

<p style="font-size:15px;font-weight: bold;">Mr. Mahesh Bhupathi</p>

Mr. Mahesh Bhupathi

Independent Director

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Mr. Mahesh Bhupathi

Independent Director

Mr. Mahesh Bhupathi is India’s first & only 10 times Grand Slam title winner and US Open mixed doubles titles holder. He has over 15 years of professional experience in the sports, media and entertainment industries. He is also a part of the Hon. Board of Advisors of IIMUN and the founder of International Premier Tennis League. Mr. Mahesh Bhupathi has been associated with the Company since 2005.

<p style="font-size:15px;font-weight: bold;">Mr. L.S. Vaidyanathan</p>

Mr. L.S. Vaidyanathan

Managing Director

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Mr. L.S. Vaidyanathan

Managing Director

Mr. L S Vaidyanathan holds a degree of Bachelor of Science from Madras University. He is a fellow member of the Institute of Chartered Accountants of India. Before joining the Company in the year 2005, Mr. L S Vaidyanathan was a practicing Chartered Accountant. Mr. L S Vaidyanathan has been associated with the real estate industry for the last 22 years in various capacities. Overall he has over 27 years of experience in auditing, consulting, and in the real estate industry. As a Director of the Company, Mr. L S Vaidyanathan is responsible for all strategic initiatives relating to business including business development, transaction strategy, resources mobilization and Taxation (Direct).

<p style="font-size:15px;font-weight: bold;">Mr. Ashwini Kumar</p>

Mr. Ashwini Kumar

Executive Director

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Mr. Ashwini Kumar

Executive Director

Mr. Ashwini Kumar, joined the Company on 2nd November, 2009 as the Chief Operating Officer and is responsible for the business operations of the Company. He was elevated to Board as Executive Director and Chief Operating officer effective April 19, 2012. Most recently, prior to joining Nitesh Estates Limited, he was the Managing Director of Lineage Power India Pvt. Ltd. a leading US based MNC in the area of Power Electronics and responsible for their business in India and South East Asia. Prior to this he worked as Director with Tyco Electronics and Lucent Technologies and was responsible for their telecom power electronics business in India. In all he has an experience of 29 years starting with functional roles, in sales, project management, manufacturing, performance improvement and culminating in business leadership roles. He is a Mechanical Engineer from NIT, Rourkela (1981) and post graduate in Business Management from XLRI, Jamshedpur (1983).

Board Of Directors - Nitesh Housing Developers Private Limited

<p style="font-size:15px;font-weight: bold;">Mrs. Dipali Khanna</p>

Mrs. Dipali Khanna

Independent Director

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Mrs. Dipali Khanna

Independent Director

Mrs. Dipali Khanna holds Masters in Arts from the Delhi University (Lady Sri Ram College) and she is M.Sc. (National Security) from the National Defense College, ICMA and Certificate of Leadership Programme, Harvard. Mrs. Khanna was in Indian Railway Accounts Services in 1976, Retired as Member Secretary of Indira Gandhi National Centre for Arts which is analogues to Secretary to Government of India. Prior to that she was an Additional Member (Finance) of Railway Board and was also a Financial Adviser with National Disaster Management Authority over 10 years and served in Senior Roles at Ministry of Defense and Ministry of Power. She also served on the Boards of large Public Sector Undertakings – such as HAL, MDL, GRSC and GS. She has also chaired various sub-committees of the Boards.

<p style="font-size:15px;font-weight: bold;">Mr. Ananthanarayanan</p>

Mr. Ananthanarayanan

Independent Director

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Mr. Ananthanarayanan

Independent Director

Mr. S Ananthanarayanan was a Financial Adviser and Chief Accounts Officer in Western Railway, Mumbai, in the grade of Additional Secretary to the Government of India and has also served as a member of the Railway Claims Tribunal in the grade of Special Secretary to the Government of India.

He is a science graduate with Master’s Degree in Physics and has various other degrees and qualifications which include PG Diploma (Public Administration), PG Diploma in Software Technology (PGDST), PG Diploma in Intellectual Property Rights Law, Diploma in Cyber Laws, Bachelor of Law (LLB) and Certificate course on Arbitration.

He is currently on the panel of arbitrators of the Indian Council of Arbitration and the International Centre for Alternate Dispute Resolution, New Delhi and has also been a sole or joint arbitrator in fifteen matters and ‘adjudicator’ in two cases with Mumbai Rail Vikas Corporation.

He has won the national award for ‘Excellence in Science Communication’ by the Department of Science and Technology, Government of India. He has also been an author for over 900 articles in print in different publications.

<p style="font-size:15px;font-weight: bold;">Mr. L.S. Vaidyanathan</p>

Mr. L.S. Vaidyanathan

Managing Director

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Mr. L.S. Vaidyanathan

Managing Director

Mr. L S Vaidyanathan holds a degree of Bachelor of Science from Madras University. He is a fellow member of the Institute of Chartered Accountants of India. Before joining the Company in the year 2005, Mr. L S Vaidyanathan was a practicing Chartered Accountant. Mr. L S Vaidyanathan has been associated with the real estate industry for the last 22 years in various capacities. Overall he has over 27 years of experience in auditing, consulting, and in the real estate industry. As a Director of the Company, Mr. L S Vaidyanathan is responsible for all strategic initiatives relating to business including business development, transaction strategy, resources mobilization and Taxation (Direct).

<p style="font-size:15px;font-weight: bold;">Mr. Ashwini Kumar</p>

Mr. Ashwini Kumar

Executive Director

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Mr. Ashwini Kumar

Executive Director

Mr. Ashwini Kumar, joined the Company on 2nd November, 2009 as the Chief Operating Officer. He was elevated to Board as Executive Director effective April 19, 2012. Most recently, prior to joining Nitesh Estates Limited, he was the Managing Director of Lineage Power India Pvt. Ltd. a leading US based MNC in the area of Power Electronics and responsible for their business in India and South East Asia. Prior to this he worked as Director with Tyco Electronics and Lucent Technologies and was responsible for their telecom power electronics business in India. In all he has an experience of 29 years starting with functional roles, in sales, project management, manufacturing, performance improvement and culminating in business leadership roles. He is a Mechanical Engineer from NIT, Rourkela (1981) and post graduate in Business Management from XLRI, Jamshedpur (1983).

Board Of Directors - Nitesh Urban Development

<p style="font-size:15px;font-weight: bold;">Mrs. Dipali Khanna</p>

Mrs. Dipali Khanna

Independent Director

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Mrs. Dipali Khanna

Independent Director

Mrs. Dipali Khanna holds Masters in Arts from the Delhi University (Lady Sri Ram College) and she is M.Sc. (National Security) from the National Defense College, ICMA and Certificate of Leadership Programme, Harvard. Mrs. Khanna was in Indian Railway Accounts Services in 1976, Retired as Member Secretary of Indira Gandhi National Centre for Arts which is analogues to Secretary to Government of India. Prior to that she was an Additional Member (Finance) of Railway Board and was also a Financial Adviser with National Disaster Management Authority over 10 years and served in Senior Roles at Ministry of Defense and Ministry of Power. She also served on the Boards of large Public Sector Undertakings – such as HAL, MDL, GRSC and GS. She has also chaired various sub-committees of the Boards.

<p style="font-size:15px;font-weight: bold;">Mr. Ananthanarayanan</p>

Mr. Ananthanarayanan

Independent Director

x

Mr. Ananthanarayanan

Independent Director

Mr. S Ananthanarayanan was a Financial Adviser and Chief Accounts Officer in Western Railway, Mumbai, in the grade of Additional Secretary to the Government of India and has also served as a member of the Railway Claims Tribunal in the grade of Special Secretary to the Government of India.

He is a science graduate with Master’s Degree in Physics and has various other degrees and qualifications which include PG Diploma (Public Administration), PG Diploma in Software Technology (PGDST), PG Diploma in Intellectual Property Rights Law, Diploma in Cyber Laws, Bachelor of Law (LLB) and Certificate course on Arbitration.

He is currently on the panel of arbitrators of the Indian Council of Arbitration and the International Centre for Alternate Dispute Resolution, New Delhi and has also been a sole or joint arbitrator in fifteen matters and ‘adjudicator’ in two cases with Mumbai Rail Vikas Corporation.

He has won the national award for ‘Excellence in Science Communication’ by the Department of Science and Technology, Government of India. He has also been an author for over 900 articles in print in different publications.

<p style="font-size:15px;font-weight: bold;">Pradeep Narayan</p>

Pradeep Narayan

EVP – Sales, Marketing & CRM

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Pradeep Narayan

EVP – Sales, Marketing & CRM

Mr. Pradeep Narayan is a Mechanical Engineer, and an MBA from IIM-Ahmedabad. He has about 27 years of experience in Sales, Marketing, Retailing, Dealer & Channel Management, and Operations with additional exposure to Key Account Selling, Rural Marketing, and Business Development.

He heads the Marketing, Sales and CRM functions here, and is responsible for driving the brand, devising sales strategies, and customer service.

Earlier, he has worked at MNCs like Essilor India, Tata Teleservices Ltd., Bharti Airtel Ltd., Tata Motors Ltd., and Godrej & Boyce Mfg. Co. Ltd., to name a few.

<p style="font-size:15px;font-weight: bold;">Mr. L.S. Vaidyanathan</p>

Mr. L.S. Vaidyanathan

Executive Director

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Mr. L.S. Vaidyanathan

Executive Director

Mr. L S Vaidyanathan holds a degree of Bachelor of Science from Madras University. He is a fellow member of the Institute of Chartered Accountants of India. Before joining the Company in the year 2005, Mr. L S Vaidyanathan was a practicing Chartered Accountant. Mr. L S Vaidyanathan has been associated with the real estate industry for the last 22 years in various capacities. Overall he has over 27 years of experience in auditing, consulting, and in the real estate industry. As a Director of the Company, Mr. L S Vaidyanathan is responsible for all strategic initiatives relating to business including business development, transaction strategy, resources mobilization and Taxation (Direct).

<p style="font-size:15px;font-weight: bold;">Mr. Ashwini Kumar</p>

Mr. Ashwini Kumar

Managing Director

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Mr. Ashwini Kumar

Managing Director

Mr. Ashwini Kumar, joined the Company on 2nd November, 2009 as the Chief Operating Officer and is responsible for the business operations of the Company. He was elevated to Board as Executive Director and Chief Operating officer effective April 19, 2012. Most recently, prior to joining Nitesh Estates Limited, he was the Managing Director of Lineage Power India Pvt. Ltd. a leading US based MNC in the area of Power Electronics and responsible for their business in India and South East Asia. Prior to this he worked as Director with Tyco Electronics and Lucent Technologies and was responsible for their telecom power electronics business in India. In all he has an experience of 29 years starting with functional roles, in sales, project management, manufacturing, performance improvement and culminating in business leadership roles. He is a Mechanical Engineer from NIT, Rourkela (1981) and post graduate in Business Management from XLRI, Jamshedpur (1983).