Brief Profile of Board of Directors

Mr. K. Ramchand - Chairman, and Non-Executive and Non-Independent Director

Mr. Karunakaran Ramchand, 62 years, is the Chairman and Non-Executive and Non-Independent Director of the Company and has been associated with the IL&FS Group since 1994. He holds a bachelor's degree in civil Engineering from Madras University in 1976 and a Post Graduate Diploma in Planning from the School of Planning, Ahmedabad and has over 31 years of experience in urban and transport infrastructure development sector and has been involved in a large number of private infrastructure initiatives including the successful commissioning of various toll road projects in Gujarat and for the National Highways Authority of India.

Mr. Karunakaran in his role as chief executive officer (infrastructure) of IL&FS Group is associated with various initiatives in infrastructure, including SEZs and maritime assets. Mr. Ramchand is also a member of the management board of IL&FS. Prior to joining IL&FS, he was associated with the operations research group, Dalal Consultants, Mumbai Metropolitan Region Development Authority and City and Industrial Development Corporation of Maharashtra Limited.

Mr. Mukund Sapre - Managing Director

Mr. Mukund Sapre is an Executive Director of IL&FS Transportation Networks Limited (ITNL) and has been associated with the IL&FS group since 1992. He holds a bachelor's degree in civil engineering, a diploma in 'systems management' and a diploma in 'financial management'. He has over 30 years of experience in the industry.

Prior to joining ITNL, he was involved with international projects in the Philippines, Indonesia, Mexico and Spain and has played a vital role in implementing the 'High Speed Rail Project' and evaluating the 'Cargo Airport Project' in Mexico. He has also been previously associated with Engineers India Limited as its Deputy Manager during the period from 1984 to 1992, and with Gammon India Limited as an Assistant Engineer during the period from 1980 to 1984.

Mr. Saleh Mohammed A BinLaden - Non-Executive and Non-Independent Director

Mr. Saleh Mohammed A Binladen, 58 years, is a Non-Executive and Non-Independent Director of the Company. He is the Senior Vice President of the Saudi Bin Laden Group and manages their property related investments. He is also the Chairman of Huta Hegerfeld Saudi Arabia, which is a dredging company in the middle-east.

Mr. Akberali Mohamedali Moawalla - Alternate Director to Mr. Saleh Mohammed A Binladen

Mr. Akberali Mohemedali Moawalla, 68 years, is an Alternate Director to Mr. Saleh Mohammed A Binladen. He holds a master's degree in business administration from the University of Massachusetts in 1976 and is the Director of Russell Wood Limited which is a London Stock Exchange member regulated by the UK Financial Services Authority. In his current role with Russell Wood Limited, Mr. Moawalla is associated with the Saudi Bin Laden Group as an advisor, covering diverse projects such as highway, airport and building construction.

Mr. Debabrata Sarkar Non-Executive Independent Director

Mr. Debabrata Sarkar is a professional banker with more than 30 years of banking experience. Mr. Sarkar is M.Com, FCA, CAIIB. He was the Chairman and Managing Director of Union Bank of India from April 1, 2012 to November 30, 2013.

Mr. Sarkar was associated with Allahabad Bank in the capacity of Executive Director from December 7, 2009 to March 31, 2012 Prior to that, Mr. Sarkar worked with Bank of Baroda in various capacities, including Zonal Manager, Head of Internal Audit Department in Mauritius and incharge of Specialised Integrated Treasury operations. He is known for his expertise in Treasury & Corporate Credit focusing mainly on credit deployment. Currently, Mr. Sarkar is a director of LIC Housing Finance Ltd., Asset Reconstruction Company (India) Ltd., IL&FS Trust Co. Ltd., Hinduja Leyland Finance Ltd., Bandhan Financial Holdings Ltd., Learning Curve Edutech Solutions Pvt. Ltd., Senco Gold Ltd., and Inceptum Advisors (P) Ltd.

Ms. Sutapa Banerjee - Non-Executive Independent Director

Ms. Sutapa Banerjee has spent close to 24 years in the financial services industry across 2 large multinational banks (ANZ Grindlays and ABN AMRO), and a boutique Indian Investment bank (Ambit) where she built and headed several businesses. A well- recognized thought leader in the Wealth Management space having headed and successfully built from scratch the Private Wealth businesses in both ABN AMRO Bank and Ambit Capital. Ms. Sutapa was voted one of the 'Top 20 Global Rising Stars of Wealth Management' by the Institutional Investor Group in 2007 - the only Indian and one of only two winners from Asia. As CEO she led Ambit Private Wealth to 'Best Private Bank in India in the 2013 Asia Money polls. In 2012 she was shortlisted in the 50 most Powerful Women' by Fortune India. Ms. Sutapa is an Advanced Leadership Fellow (2015) of Harvard University.

Currently she consults in the Wealth and Investments Management area and serves as an Independent Director on several boards of companies (JSW Group, IL&FS Group) and non-profits (Oxfam India and Dignity Foundation). She also represents Women's World Banking as a Nominee Director on the board of their investee company Ananya Finance in India. Her area of study at Harvard was Responsible Investing and Business Practices and the use of a Gender Lens. She currently works, writes and speaks actively in this space

Mr. Rajiv Sarin - Non-Executive Independent Director

Mr. Rajiv Sarin aged 62 years is a B Tech Hons. (Mechanical Engineering) from IIT Kanpur. After graduation, he joined Unilever Group as a Management Trainee and handled various Senior Management positions during the 6 years with them.

During his career span of 40 years, he was associated with Swedish Match (WIMCO Ltd), Mather and Platt Ltd, J K Tyres, Mahindra & Mahindra Limited, and Emtelle Group, where over the last 30 years he occupied various key positions, as Divisional Head, Jt. Managing Director, CEO and Managing Director. He is currently designated as Director of the supervisory Board of a European MNC where till last year he worked as Managing Director

Mr. Ganapathi Ramachandran - Non-Executive Independent Director

Mr Ganapathi Ramachandran, aged 61 years, graduated from IIT Madras with a B Tech degree. He is also a fellow of the Indian Institute of Foreign Trade. At present, he is the Chairman and Executive Director of Trigyn Technologies Limited as well as Vice President of The Southern India Chamber of Commerce and Industry. He gained rich experience while working with Bharat Heavy Electricals Ltd.

Recognizing his wider interest in economic and academic issues, the prestigious Great Lakes Institute of Management, Chennai has nominated him to its Business Advisory Council of which Mr Ratan Tata is the Chairman. Currently, Mr Ganapathi is also holding the position of a Director in ELNET Technologies Limited, Trigyn Technologies (Inc), USA, Leading Edge Info Tech Limited, Orient Green Power Limited and IL&FS Technologies Limited

Mr. Bhaskar Chatterjee, IAS (Retd.) - Non-Executive Independent Director

Mr Bhaskar Chatterjee, aged 70 years, is a Retired IAS Officer with more than 30 years of experience. During the first decade of his career as an IAS Officer, he was posted in different sub divisions and in districts of Haryana as Sub Divisional Magistrate and Deputy Commissioner/ District Magistrate. During his tenure as an IAS officer he has served nearly eight years in HUDA and in Department of Town and County Planning. During this period, he was member of National Capital Region Planning Board (NCRPB) and was closely associated with number of schemes initiated to decongest Delhi. His another area of experience was the power sector. He was a member of erstwhile HSEB, then briefly as Secretary Power and also held the position of Chairman Haryana Electricity Regulatory Commission (HERC) for 5 years. This combined experience had helped him in understanding the functioning of power sector from generation to distribution.