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Name of the Directors:

Mr. Rujan Panjwani

Mr. Rujan Panjwani holds a Bachelor’s degree in Electrical Engineering and is the President and Co-Head, Asset Management and Director, Edelweiss Commodities and Advisors Limited. Mr. Panjwani has considerable experience in investing in the Indian capital markets. Before joining Edelweiss Capital Limited, he founded and set up a stock broking operation by the name of The Stock and Bond Trading Company. Mr. Panjwani has been instrumental in setting up the derivative and arbitrage business as well as for the growth and development of the proprietary and asset management units at Edelweiss over a 7 year stint.

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Mr. Anurag Madan

Mr. Anurag Madan holds a Bachelor’s degree in Economics from University of Delhi. He has also completed the CAIIB (Certified Associates of Indian Institute of Bankers) and is a CFP (Certified Financial Planner). Mr. Madan has around 35 years of experience in financial services industries including banking and asset management out of which 23 years were with State Bank of India, India’s largest commercial bank, in various assignments in India and abroad, ranging from International Finance to Merchant Banking to Commercial Banking and SBI Mutual Fund. He also served as COO of Sun F&C Asset Management Company Limited for 5 years and prior to that as Director (Marketing & Operations) for 4 years. At present, Mr. Madan is the Whole Time Director of Edelweiss Asset Management Ltd and shall perform all the functions to be performed by the CEO.

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Mr. Kanu H. Doshi

Mr. Kanu Doshi is a Chartered Accountant with more than decades of enriched experience advising corporates on taxation and related subjects. He is also Dean (Finance) at the Welingkar Institute of Management Development & Research. Mr. Doshi is a sought after speaker on current issues affecting corporates like Union Budget and writes frequently on investments and tax related topics in popular publications. He is also a Tax Consultant to the Association of Mutual Funds in India (AMFI) and several other Mutual Funds and companies on Taxation, Company Law and other financial matters.

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Mr. U. R. Bhat

Mr. U.R.Bhat is one of India's well known investment advisors having managed institutional money for more than a decade. He is presently Managing Director of Dalton Capital Advisors (India) Pvt. Ltd., an investment advisory company of the four-year-old Dalton group, London, which manages in excess of US$ 3 billion, including an India dedicated offshore fund. Prior to this, he was Chief Investment Officer of Jardine Fleming in India – that subsequently became part of JP Morgan - for 7 years advising the India dedicated funds of the Flemings Group which amounted to more than US$ 1 billion. In the early nineties, he established a successful start up asset management business for Indian Bank, a leading public sector Bank in India. Mr. Bhat holds a M.Sc. from the Indian Institute of Technology, Kanpur and has attended advanced courses on Finance at the Harvard Business School, Boston and the Indian Institute of Management, Ahmedabad. He is a Fellow of the Chartered Institute of Bankers, London. He is a respected commentator in the electronic and print media and has been writing a well- regarded monthly editorial column for the last 9 years in the Economic Times, the world's largest financial daily. He has been closely involved in formulating policies for benchmark indices for the Stock Exchange, Mumbai as a member of its Index Committee. He is a member of the Corporate Governance Committee of the Indian Merchants Chamber.

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