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VIP Industries elevates CFO Neetu Kashiramka as Managing Director Designate Mumbai, August 16, 2023: VIP Industries Limited, Asia’s largest and the world’s second-largest luggage maker elevates its Chief Financial Officer, Neetu Kashiramka as the Managing Director Designate, effective August 15, 2023. While Ms. Neetu will continue to perform the role of CFO with the company, she will additionally take the responsibility of a Managing Director Designate till 13th November 2023. Further, Ms. Neetu shall take over as the Managing Director and Chief Financial Officer of the Company with effect from 14th November 2023, subject to Shareholder’s approval. Ms. Neetu Kashiramka joined VIP Industries on 7th April 2020 as Chief Financial Officer of the Company and has been appointed as Executive Director and Chief Financial Officer of the Company w.e.f 8th May, 2023. Ms. Neetu Kashiramka is a qualified Chartered Accountant having over 26 years of post-qualification experience. She brings more than two decades of experience in the Corporate Finance function across several organizations. Before joining the Company, she was working as CFO with Greaves Cotton Limited, a listed Company in the Engineering sector. Ms. Neetu started her career with Kewal Kiran & Company and thereafter moved to Jyothy Laboratories Limited. She had a long stint spanning over 17 years with Jyothy where she played a pivotal role and saw the Company grow from Rs. 20 Crores to Rs. 1,800 Crores. During her career, she has handled ERP implementation, Private Equity, IPO, QIP, and Fundraising through multiple instruments, Mergers & Acquisitions along with core financial control, budgeting, and business partnering. She has also handled Investor relations for the last 16 years. Ms. Neetu was awarded CA Young Corporate Leader Award in 2008 by the Institute of Chartered Accountants of India for her leadership to spearhead IPO at the age of 32. She is also a guest speaker/panelist in some of the professional forums to talk about new age finance function, the role of a CFO in the current environment, Women empowerment, and so on. About VIP Industries Ltd: VIP Industries Ltd. is Asia’s largest and the world’s second largest luggage maker, headquartered in Mumbai. A public limited Indian company manufacturing luggage and travel accessories, VIP Industries Ltd. has more than 10000 Point of Sale in its armoury apart from a well-developed network of retailers in 45 countries. VIP Industries Ltd. journey began in 1971 when the first VIP suitcase was manufactured, and the brand has skyrocketed since. To date VIP Industries Ltd. has sold over 100 million pieces of luggage to travellers around the world and subsequently became the leading manufacturer of hard and soft luggage in Asia, with a goal to make travel simple and convenient. VIP has over 8000 employees across the globe. VIP Industries Limited won the CFBP (Council for Fair Business Practices) award in the category ‘Manufacturing Enterprises - Large’ for the year 2019-20. VIP Industries Limited got recognised as a “Bronze” employer in the IWEI’s (India Workplace Equality Index) Top Employers for 2020.