Mr. Gulu L. Mirchandani is Promoter of MIRC Electronics Limited and serves as its Managing Director. Mr.

Mirchandani serves as Advisor and Chairman of Fractal Analytics Ltd. He is the Promoter of Onida Saka Ltd. He remains closely involved with the development of corporate strategy and formulating, incubating and delivering emerging technologies and services in the area of Televisions. He served as President of Consumer Electronics and TV Manufacturers Association' (CETMA) for two consecutive years in 1992 to 1994. Mr. Mirchandani also served as Chairman of the Bombay Chapter of the World Presidents' Organisation (WPO). He serves as Director of Mirc Electronics Ltd and Independent Non Executive Director of Shoppers Stop Limited. He serves as Director of Fractal Analytics Ltd. He has been Independent Non Executive Director of VIP Industries Ltd. since January 30, 2007. He has been a Director of BP Ergo Limited since March 23, 2007. He has been Non-Executive & Independent Director of KEC International Ltd. since January 12, 2006. He served as Director of Ador Welding Ltd. until June 11, 2008. He served as Director of Summit Securities Ltd from June 15, 1999 to January 12, 2006. Mr. Mirchandani won an 'Award for Excellence in Electronics' under his leadership in 1999 from the Ministry of Information Technology, Government of India. Mr. Mirchandani graduated in Engineering with a B.S. Engineering from the Birla Institute of Technology and Science (BITS)