ASHIANA INVESTOR RELATIONS

The Company and Mr. Ankur Gupta are entitled to terminate the contract by giving not less than ‘Ninety days’ notice to either party.

Mr. Ankur Gupta, shall not be entitled to any sitting fees for attending the meeting of the Board of Directors and/ or committee of Directors.”

Mr. Ankur Gupta will receive the remuneration in any financial year, where the company has no profits or its profits are inadequate during the term of office, the remuneration aforesaid, shall be paid as minimum remuneration upto maximum remuneration in terms of Schedule V of the Companies Act, 2013.

The Company and Mr. Varun Gupta are entitled to terminate the contract by giving not less than ‘Ninety days’ notice to either party.

Mr. Varun Gupta, shall not be entitled to any sitting fees for attending the meeting of the Board of Directors and/ or committee of Directors.

Mr. Varun Gupta will receive the remuneration in any financial year, where the company has no profits or its profits are inadequate during the term of office, the remuneration aforesaid, shall be paid as minimum remuneration upto maximum remuneration in terms of Schedule V of the Companies Act, 2013.

The Company and Mr. Vishal Gupta are entitled to terminate the contract by giving not less than ‘Ninety days’ notice to either party.

Vishal Gupta, shall not be entitled to any sitting fees for attending meetings of the Board of Directors and/ or committee of Directors.

Vishal Gupta will receive the remuneration in any financial year, where the company has no profits or its profits are inadequate during the term of office, the remuneration aforesaid, shall be paid as minimum remuneration up to maximum remuneration in terms of Schedule V of the The Companies Act 2013.