Toby Greenbury, Non-executive Chairman

Mr Greenbury is currently the Director of International Strategy at Mishcon de Reya, Solicitors and Co-Head of the firm's India desk. Prior to joining Mishcon de Reya, Toby was a consultant with Olswang, where he spearheaded its India practice. Previously, he was Senior Partner at DJ Freeman where he was involved m numerous domestic and also international corporate finance transactions. Mr Greenbury has advised, or otherwise been involved with, a significant number of Indian companies, or India-centric funds, coming, or considering coming, to AIM including Great Eastern Energy, Corporation, the first Indian Company to come to AIM, and Trinity Capital PLC, the first real estate fund focusing on India to come to AIM. He is also a Director of the lndo British Partnership Network, which is supported by the UK and the Indian governments and by leading industry figures. Incorporated in 2005, as the successor to the lndo British Partnership, its principal mandate is to increase bilateral trade and investment between the UK and India.

Alok Dhir, Non-executive Director

Mr Dhir qualified as a Chartered Accountant in 1983, qualified as a lawyer in 1985 and has practiced insolvency law since 1987. He established Dhir & Dhir Associates in 1993. In addition, Mr Dhir is founding Director of Dhir & Dhir Asset Reconstruction Company (DDARC). With over 20 years of experience in this sector has enabled Mr Dhir to build up an extensive network of relationships as well as an in-depth understanding of both lenders' risk sensitivities and borrower’s requirements. Mr Dhir is also a successful private investor in Indian non performing assets.

Charles Hambro, Non-executive Director

Mr Hambro led a distinguished career as a merchant banker working in London and New York for Hambro Bank, managing an international debt portfolio that included advisory roles in major debt restructuring and rescheduling projects as well as tax based structured finance. He was also Chairman of Hambros Offshore Private Banks involved in Private Wealth Management. After the sale of Hambros Bank to Societe Generale in 1997, Mr Hambro became the Managing Director of Nordea Securities in London before leaving to found Firecrest Hambro, a boutique Advisory and Trust firm that provides independent financial advice and services to substantial clients, their families and family companies.

Dr. Mohammad Khan, Non-executive Director

Dr Khan was formerly Chairman of J&K Bank, which he helped transform from a marginal state bank into a large national private bank in India. Prior to this, Dr Khan led a distinguished industrial and commercial career. He is currently Chairman of the Banking and Advisory Council of Yes Bank Ltd in India. He is also on the board of Steel Authority of India Ltd, Bharat Hotels Ltd and Zee Entertainment Enterprises Ltd, which are all leading businesses in India in their respective sectors.

Arun Singh OBE, Non-executive Director

Mr Singh is a senior consultant on strategy and international business at GMR Law, focusing on international investment, AIM listings, mergers and acquisitions, insolvencies and corporate governance in emerging and developed markets. He was formerly a partner and Head of the International Commercial Law Group for KPMG Legal International and Head of the India Business Group for KPMG Europe from 1999 to 2003. Prior to KPMG he was a corporate finance partner at Pinsent Masons where he founded their India Business Group in 1988 and advised an extensive number of multinational corporations SMEs investing into India and internationally. Mr Singh was awarded an OBE in 1999 for services to international investment. He has been special advisor to the UK's House of Commons Trade and Industry Select Committee and a non-executive director of the UK Government's Trade and Investment Board. Mr Singh is a regular Speaker at public seminars on international legal and management matters and was also a founding board member of Indo British Partnership in 1991.

John Bourbon, Non-executive Director

Mr Bourbon runs his own compliance and regulatory consultancy business based in the Isle of Man. He provides services to both regulated entities m the Isle of Man and to International Regulatory bodies. In addition he acts as a director for a number of international collective investment funds and he is the Chairman of the AIM quoted Value Catalyst Fund. He is the author of a handbook for directors of collective investment vehicles focusing on corporate governance, risk assessment modeling and compliance monitoring, and is the Chairman of the (UK) Compliance Institute. Mr Bourbon previously held the position of Managing Director of the Cayman Islands Monetary Authority (CIMA). Prior to his arrival in the Cayman Islands, John was Head of Supervision at the Isle of Man Financial Supervision Commission. Before this he worked for nearly 24 years within the financial services arm of the Barclays Bank Group, including Barclays Unicorn (the Banks unit trust group) before becoming Compliance Officer for Barclays Bank Trust Company Limited. John is licensed by the Isle of Man Financial Supervision Commission as a Corporate Service Provider (category 2) and a Trust Service Provider (category 2).