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Amira Nature Foods Ltd (the "Company") (NYSE: ANFI), a leading global provider of packaged Indian specialty rice, today announced the appointment of Harash Pal Sethi to the Company’s Board of Directors, effective November 10, 2013.
Mr. Sethi joins the board with over 40 years of experience in the areas of finance, accounting, corporate finance, cross-border investments, investment advisory and structuring of joint ventures in the UK, Europe, the Middle East and India. Mr. Sethi has been a part of Cornelius Barton & Co, a London based firm providing audit, accounting, tax and consulting services to family owned businesses and high net worth individuals since 1972 as a chartered accountant, partner and the sole proprietor since 1990. He has been a partner at Blenheim Equity LLP since 2005 and Blenheim Windfarms LLP since 2007 focusing on equity and financing transactions for European wind and solar projects. Since 2008, he has been an advisor to the Trishna Group, which owns and manages restaurants in the UK and Europe, and advises on international opportunities for diversification and development.
“We are excited to announce the appointment of Harash to our board. His tremendous experience in global finance will be a great addition to our board as we continue to expand in India and internationally with our offering of Amira branded Basmati and specialty rice,” commented Karan A. Chanana, Amira’s Chairman and Chief Executive Officer. “We look forward to Harash’s future contributions as we work to implement our long-term growth strategy.”
Mr. Sethi has also been a director of Euro Afro Financial Holdings Limited, an investment holding company, since 2002. As a member of the board of directors of Eoxis India Private Limited from February 2011 through February 2013, Mr. Sethi advised on India-based investments, business development and acquisitions of India-based projects. Mr. Sethi received a Bachelor of Commerce degree from Shri Ram College of Commerce, Delhi University, India in 1972. He also qualified as a Chartered Accountant in 1976 from the Institute of Chartered Accountants in England & Wales and is presently a Fellow Member.