FORM MGT-9- EXTRACT OF ANNUAL RETURN As on the financial year ended on 31 st March,2018 [Pursuant to Section 92(3) of the Companies Act,2013 and Rule 12(1) of the Companies Management and Administration) Rules,2014 I) REGISTRATION AND OTHER DETAILS I CIN L24222TN1992PLCO22994 II Registration date 1 July,1992 Orchid Pharma Limited (Formerly known as Orchid Name of the Company III Chemicals & Pharmaceuticals Limited) IV Category / Sub -category of the Company Indian Non-Government Company V Address of the Registered office and contact details "ORCHID TOWERS "313, Valluvarkottam High road, Nungambakkam, Chennai 600034, India Ph no.+91-44-2821 1000, Fax No.+91-44 -2821 1002 Email- corporate @orchidpharma.com VI Whether Listed Company Yes VII Name, Address and contact details of Registrar and Transfer Agent,if any M/s.Integrated Registry Management Services Private Limited 2nd floor,kences towers,1, Ramakrishna street, North Usman road, T Nagar, Chennai- 600 017, Tamil Nadu Ph. +91-44-2814 0801, Fax : +91-44-28142479 E-Mail : corpserv@integratedindia.in II. PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY All the business activities contributing 10% or more of the total turnover of the company are given below: Sl.no. Name and description of main product /Services NIC code of the product /service % to total turnover of the Company 1 Manufacturing - Pharmaceuticals C6 100
III.PARTICULARS OF HOLDING,SUBSIDIARY AND ASSOCIATE COMPANIES Sl.no. Name and address of the Company CIN/GNL Holding / Subsidiary / Associates % of held Applicable section 1 2 3 4 5 Orchid Europe Limited Building 3, Chiswick Park, 566, Chiswick High Road, Chiswick, London W4 5YA Orchid Pharmaceuticals Inc 2711, Centreville Road, Suite 400 Wilmington de 19808-1645 USA Orchid Pharmaceuticals SA (Proprietary Limited ) Inc Jankara Building, 3 Greyling Street,Potchefstroom 2531, South Africa Bexel Pharmaceuticals Inc 29552, Union City Blvd. Union City, California 94587 USA Diakron Pharmaceuticals Inc 4570, Executive Drive Suite, 100 San Diego, California, USA NA NA NA NA NA Subsidiary 100 2 (87) Subsidiary 100 2 (87) Subsidiary 100 2 (87) Subsidiary 100 2 (87) Subsidiary 76.65 2 (87)
IV.SHAREHOLDING PATTERN (EQUITY SHARE CAPITAL BREAKUP AS PERCENTAGE OF TOTAL EQUITY) I) Category -wise shareholding No. of Shares held at the beginning of the year Sl.no. Demat Physical Total Demat Physical Total A. Promoter 1 Indian a Individual/Hindu undivided family 3469322-3469322 3.90 3475207-3475207 3.90 - b Central Government /State Government - - - - - - - - c Bodies Corporate 15707125 3702450 19409575 21.82 19409575-19409575 21.82 - d Financial institutions/banks - - - - - - - - e Any other (Specify) - - - - - - - - Sub -total (A) (1) 19176447 3702450 22878897 25.72 22884782-22884782 25.72-2 Foreign a Individuals (Non-Resident Individuals / Foreign individuals) - - - - - - - - - b Bodies corporate - - - - - - - - - c Institutions - - - - - - - - - d Qualified Foreign Investors (QFIs) - - - - - - - - - e Any other (Specify) - - - - - - - - - Sub -total (A) (2) - - - - - - - - - Total Shareholding of Promoter and Promoter Group (A)=(A) (1) + (A)(2) 19176447 3702450 22878897 25.72 22884782-22884782 25.72 - B. Public Shareholding 1 Institutions a Mutual Funds / UTI 400 4450 4850 0.01 400 150 550 0.00 (0.01) b Financial institutions/banks 447163 400 447563 0.50 41538 100 41638 0.05 (0.45) c Central Government /State Government - - - - - - - - - d Venture Capital Funds - - - - - - - - - e Insurance Companies 3134660 300 3134960 3.52 3134660-3134660 3.52 - f Foreign Institutional Investors - 1800 1800 0.00-150 150 0.00 - g Foreign venture capital investors - - - - - - - - - h Foreign Portfolio Investor 974863-974863 1.10 708312-708312 0.80 (0.30) i Any other (Specify) Limited Liability Partnership 7016-7016 0.01 176766-176766 0.20 0.19 Sub -total (B) (1) 4564102 6950 4571052 5.13 4061676 400 4062076 4.57 (0.56) 2 Non-Institutions Categories of Shareholders No. of Shares held at the end of the year % of Change during the year
Sl.no. Categories of Shareholders No. of Shares held at the beginning of the year Demat Physical Total No. of Shares held at the end of the year Demat Physical Total % of Change during the year a Bodies corporate 15590242 1836 15592078 17.53 7301871 1704 7303575 8.21 (9.32) b Individuals i) Individual shareholders holding nominal share capital upto Rs. 1 Lakh 32228512 278166 32506678 36.54 36945646 222571 37168217 41.78 5.24 ii) Individual shareholders holding nominal share capital in excess of Rs. 1 Lakh 9102325-9102325 10.23 12597026-12597026 14.16 3.93 c Any other NRI ( R) 866399 300 866699 0.97 1366614 150 1366764 1.54 0.56 NRI ( NR) 204460 150 204610 0.23 263768-263768 0.30 0.07 Overseas Corporate Bodies - 300 300 0.00 - - - - - Foreign companies 15000-15000 0.02 15000-15000 0.02 - C. IEPF - - - - 76431-76431 0.09 - Sub -total (B) (2) 58006938 280752 58287690 65.52 58566356 224425 58790781 66.08 0.57 Total PublicShareholding (B)=(B) (1) + (B)(2) 62571040 287702 62858742 70.65 62628032 224825 62852857 70.65 - Total(A)+(B) 81747487 3990152 85737639 96.37 85512814 224825 85737639 96.37 - Shares held by Custodians and against which Depository Receipts have been issued 1)Promoter group - - - - - - - - - 2)Public 3226688-3226688 3.63 3226688-3226688 3.63 - Sub -total c) 3226688-3226688 3.63 3226688-3226688 3.63 - GRAND TOTAL (A)+(B)+'( C) 84974175 3990152 88964327 100.00 88739502 224825 88964327 100.00 -
II) Shareholding of Promoters / Promoters Group & PAC Sl.no. Promoters name Shareholding at the beginning of the Year 01.04.2017 No.of of the Company % of Shares Pledged/ encumbered to total Shareholding at the end of the Year 31.3.2018 No.of of the Company % of Shares Pledged/ encumbered to total % Change in shareholding during the year 1 K RAGHAVENDRA RAO 1066173 1.20 1.20 1066173 1.20 1.20 _ 2 R VIJAYALAKSHMI 2390755 2.69 2.69 2390755 2.69 2.69 _ 3 ORCHID HEALTH CARE PRIVATE LTD 19409575 21.82 17.65 19409575 21.82 21.82 _ 4 DIVYA R 499 0.00 _ 499 0.00 5 SOWMYA R _ 6 BHUVANA MANI 6000 0.01 _ 6000 0.01 7 KOTA SWARNALATHA 5115 0.01 _ 11000 0.01 8 RAJAGOPAL K 780 0.00 _ 780 0.00 Total 22878897 25.72 21.54 22884782 25.72 25.71 _
III) Change in Promoters/ Promoter group Shareholdings (Please specify, if there is no change ) S.NO. Promoters name Opening Balance (No.of ) of the company Date of increase or Decrease Reasons for increase or decrease No.of of the company Cumulative Shareholding during the financial year 2017-2018 No.of of the company Closing balance as on 31.03.2018 No.of of the company 1 K RAGHAVENDRA RAO 1066173 1.20 1066173 1.20 2 R VIJAYALAKSHMI 2390755 2.69 2390755 2.69 ORCHID HEALTHCARE 19409575 21.82 19409575 21.82 3 PRIVATE LTD NO CHANGE IN SHAREHOLDING DURING THE FINANCIAL YEAR 2017-2018 4 DIVYA R 499 0.00 499 0.00 5 SOWMYA R 6 BHUVANA MANI 6000 0.01 6000 0.01 7 KOTA SWARNALATHA 5115 0.01 03.04.2017 SALE 2500 0.00 2615 0.00 11000 0.01 17.06.2017 PURCHASE 2000 0.00 4615 0.01 20.06.2017 PURCHASE 1000 0.00 5615 0.01 27.06.2017 SALE 5000 0.01 615 0.00 29.06.2017 SALE 615 0.00 19.12.2017 PURCHASE 5000 0.01 5000 0.01 06.01.2018 PURCHASE 5000 0.01 10000 0.01 16.01.2018 PURCHASE 1000 0.00 11000 0.01 NO CHANGE IN SHAREHOLDING DURING THE FINANCIAL YEAR 2017-2018 8 RAJAGOPAL K 780 0.00 780 0.00
IV) Shareholding pattern of Top Ten Shareholders (Other than Directors, Promoters and Holders of GDRs and ADR s) Sl No. Top 10 Shareholders Opening Balance(No.of ) Date of increase or Decrease Reasons for increase or decrease No.of of the company* Cumulative Shareholding during the financial year 2017-2018 Closing Balance as on 31.03.2018 No.of Shares of the company* No.of Shares of the company* 1 LIFE INSURANCE CORPORATION OF INDIA 23,08,053 - - - - 23,08,053 2.59 23,08,053 2.59 2 POLARIS BANYAN HOLDING PRIVATE LIMITED - - - - - 8,79,000 0.99 8,79,000 0.99 9,53,263 26.05.2017 SALE 76632 0.09 8,76,631 0.99 09.06.2017 SALE 32157 0.04 8,44,474 0.95 30.06.2017 SALE 5029 0.01 8,39,445 0.94 14.07.2017 SALE 129987 0.15 7,09,458 0.80 3 COBRA INDIA (MAURITIUS) LIMITED 04.08.2017 SALE 22746 0.03 6,86,712 0.77 6,86,712 0.77 4 KARVY STOCK BROKING LTD 3,76,150 07.04.2017 PURCHASE 7333 0.01 3,83,483 0.43 5,25,295 0.59 14.04.2017 SALE 22549 0.03 3,60,934 0.41 21.04.2017 PURCHASE 22223 0.02 3,83,157 0.43 28.04.2017 SALE 20933 0.02 3,62,224 0.41 05.05.2017 SALE 33623 0.04 3,28,601 0.37 12.05.2017 SALE 1974 0.00 3,26,627 0.37 19.05.2017 SALE 2506 0.00 3,24,121 0.36 26.05.2017 SALE 8538 0.01 3,15,583 0.35 02.06.2017 PURCHASE 4078 0.00 3,19,661 0.36 09.06.2017 PURCHASE 3008 0.00 3,22,669 0.36 16.06.2017 SALE 6827 0.01 3,15,842 0.36 23.06.2017 PURCHASE 7038 0.01 3,22,880 0.36 30.06.2017 SALE 17274 0.02 3,05,606 0.34 07.07.2017 SALE 1449 0.00 3,04,157 0.34 14.07.2017 PURCHASE 1442 0.00 3,05,599 0.34 21.07.2017 PURCHASE 15228 0.02 3,20,827 0.36 28.07.2017 SALE 5240 0.01 3,15,587 0.35 04.08.2017 SALE 4601 0.01 3,10,986 0.35 11.08.2017 PURCHASE 3340 0.00 3,14,326 0.35 18.08.2017 SALE 631 0.00 3,13,695 0.35 25.08.2017 SALE 9070 0.01 3,04,625 0.34 01.09.2017 PURCHASE 33696 0.04 3,38,321 0.38 08.09.2017 PURCHASE 16374 0.02 3,54,695 0.40 15.09.2017 PURCHASE 1849 0.00 3,56,544 0.40 22.09.2017 PURCHASE 9362 0.01 3,65,906 0.41 30.09.2017 PURCHASE 91714 0.10 4,57,620 0.51 06.10.2017 SALE 24588 0.03 4,33,032 0.49 13.10.2017 PURCHASE 351 0.00 4,33,383 0.49
20.10.2017 SALE 6204 0.01 4,27,179 0.48 27.10.2017 SALE 21669 0.02 4,05,510 0.46 31.10.2017 PURCHASE 4392 0.00 4,09,902 0.46 03.11.2017 PURCHASE 4392 0.00 4,14,294 0.47 10.11.2017 SALE 2992 0.00 4,11,302 0.46 17.11.2017 SALE 2324 0.00 4,08,978 0.46 24.11.2017 PURCHASE 235 0.00 4,09,213 0.46 01.12.2017 SALE 1968 0.00 4,07,245 0.46 08.12.2017 PURCHASE 1212 0.00 4,08,457 0.46 15.12.2017 SALE 9772 0.01 3,98,685 0.45 22.12.2017 PURCHASE 29417 0.03 4,28,102 0.48 29.12.2017 PURCHASE 13798 0.02 4,41,900 0.50 05.01.2018 PURCHASE 9932 0.01 4,51,832 0.51 12.01.2018 PURCHASE 40083 0.05 4,91,915 0.55 19.01.2018 PURCHASE 41557 0.05 5,33,472 0.60 26.01.2018 SALE 47102 0.05 4,86,370 0.55 02.02.2018 PURCHASE 1550 0.00 4,87,920 0.55 09.02.2018 PURCHASE 785 0.00 4,88,705 0.55 16.02.2018 SALE 6961 0.01 4,81,744 0.54 23.02.2018 PURCHASE 774 0.00 4,82,518 0.54 02.03.2018 PURCHASE 48024 0.05 5,30,542 0.60 09.03.2018 SALE 3942 0.00 5,26,600 0.59 16.03.2018 SALE 2941 0.00 5,23,659 0.59 23.03.2018 PURCHASE 4593 0.01 5,28,252 0.59 30.03.2018 SALE 3957 0.00 5,24,295 0.59 31.03.2018 PURCHASE 1000 0.00 5,25,295 0.59 5 CHHAGANBHAI PARSOTTAMBHAI PATEL HUF. 417557 08.09.2017 PURCHASE 100000 0.11 5,17,557 0.58 5,17,557 0.58 6 GENERAL INSURANCE CORPORATION OF INDIA 3,99,006 - - - - 3,99,006 0.45 3,99,006 0.45 7 EDELWEISS CUSTODIAL SERVICES LIMITED 1,57,611 07.04.2017 SALE 24222 0.03 1,33,389 0.15 3,94,534 0.44 14.04.2017 SALE 25543 0.03 1,07,846 0.12 21.04.2017 SALE 22621 0.03 85,225 0.10 28.04.2017 PURCHASE 7522 0.01 92,747 0.10 05.05.2017 PURCHASE 1130 0.00 93,877 0.11 12.05.2017 PURCHASE 1986 0.00 95,863 0.11 19.05.2017 PURCHASE 2465 0.00 98,328 0.11 26.05.2017 PURCHASE 10816 0.01 1,09,144 0.12 02.06.2017 PURCHASE 5513 0.01 1,14,657 0.13 09.06.2017 SALE 3650 0.00 1,11,007 0.12 16.06.2017 SALE 1835 0.00 1,09,172 0.12 23.06.2017 PURCHASE 36349 0.04 1,45,521 0.16 30.06.2017 SALE 22015 0.02 1,23,506 0.14 07.07.2017 SALE 11474 0.01 1,12,032 0.13 14.07.2017 SALE 4124 0.00 1,07,908 0.12 21.07.2017 PURCHASE 35132 0.04 1,43,040 0.16
28.07.2017 SALE 4845 0.01 1,38,195 0.16 04.08.2017 PURCHASE 20035 0.02 1,58,230 0.18 11.08.2017 PURCHASE 2696 0.00 1,60,926 0.18 18.08.2017 SALE 173 0.00 1,60,753 0.18 25.08.2017 SALE 24902 0.03 1,35,851 0.15 01.09.2017 PURCHASE 5894 0.01 1,41,745 0.16 08.09.2017 SALE 7444 0.01 1,34,301 0.15 15.09.2017 PURCHASE 14333 0.02 1,48,634 0.17 22.09.2017 PURCHASE 6853 0.01 1,55,487 0.17 30.09.2017 SALE 14474 0.02 1,41,013 0.16 13.10.2017 SALE 100 0.00 1,40,913 0.16 20.10.2017 SALE 325 0.00 1,40,588 0.16 27.10.2017 SALE 16204 0.02 1,24,384 0.14 10.11.2017 PURCHASE 3628 0.00 1,28,012 0.14 01.12.2017 SALE 41675 0.05 86,337 0.10 26.01.2018 PURCHASE 297860 0.33 3,84,197 0.43 02.02.2018 PURCHASE 9922 0.01 3,94,119 0.44 09.02.2018 PURCHASE 4615 0.01 3,98,734 0.45 16.02.2018 SALE 1 0.00 3,98,733 0.45 23.02.2018 SALE 3800 0.00 3,94,933 0.44 02.03.2018 SALE 200 0.00 3,94,733 0.44 23.03.2018 SALE 199 0.00 3,94,534 0.44 8 THE ORIENTAL INSURANCE COMPANY LIMITED 3,27,601 - - - - 3,27,601 0.37 3,27,601 0.37 9 SHRI SIDDHARTH DUTTA - - PURCHASE 2,69,000-2,69,000 0.30 2,69,000 0.30 10 SHRI BABULAL SANGHVI 1,88,000 07.04.2017 PURCHASE 95000 0.11 2,83,000 05.01.2018 SALE 50000 0.06 2,33,000 0.26 2,33,000 0.26 * The Percentage is calculated based on the issued capital: 8,89,64,327
e) Shareholding of Directors and Key Managerial Personnel (KMP) S.No. Name of the Director /KMP Opening Balance (No.of.Shares) Date of increase or Decrease Reasons for increase or decrease No.of of the company Cumulative Shareholding during the Financial year 2017-2018 of No.of the Closing balance as on 31.03.2018 No.of of the company company 1 Shri K Raghavendra Rao 1066173 - - - - 1066173 1.20 1066173 1.20 2 3 4 5 6 7 Shri K N Venkatasubramanian - Chairman & Independent Director (Resigned with effect from October 13,2017) Shri R Kannan - Independent Director (Resigned with effect from December 27,2017) Smt. Soundara Kumar - Nominee Director, SBI Shri Rabinarayan Panda - Nominee Director, IDBI Bank ltd (Nomination was withdrawn w.e.f. August 10,2017) Shri Ramakrishna Eda-Nominee Director, IDBI Bank Ltd (Appointed as Nominee Director W.e.f. August 10,2017) Shri L Chandrasekar - Company Secretary & CFO - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 14564 - - - - 14564 0.02 14564 0.02 *The percentage is calculated based on the issued capital: 8,89,64,327
5.Indebtedness Indebtedness of the Company including interest outstanding/accrued but not due for payment (Rs. In Crores) Particulars Secured Loans Excluding deposits Un Secured Loans Deposits Total indebtedness Indebtedness at the beginning of the financial year i) Principal Amount 3,008.25 97.92-3,106.17 ii) Interest due but not paid 96.58 - - 96.58 Iii) Interest accrued but not due - - - - Total (i+ii+iii) 3,104.83 97.92-3,202.75 Change in indebtedness during the financial year Addition - 39.19-39.19 (Reduction) - - - - Net Change - 39.19-39.19 Indebtedness at the end of the financial year i) Principal Amount 3,064.84 137.11-3,201.95 ii) Interest due but not paid 330.77 - - 330.77 Iii) Interest accrued but not due - - - - Total (i+ii+iii) 3,395.61 137.11-3,532.72
VI) Remuneration of Directors and Key Managerial Personnel A.Remuneration to Managing Director / Whole Time Director/ Manager Rs. in Lakhs Sl.No. Gross salary Particulars of remuneration (a) Salary as per provisions contained in Section 17(1) of the Income Tax Act,1961 Shri K Raghavendra Rao Managing Director Total amount 60.00 60.00 1 (b) Value of perquisites under Section 17(2) of the Income 5.00 5.00 Tax Act,1961 (c) Profits in lieu of salary under Section 17 (3) of the - - Income Tax Act,1961 2 Stock options - - 3 Sweat equity - - 4 Commission as % of profit - - 5 Others, Please Specify Employer contribution to Provident Fund 7.20 7.20 Other benefits 1.14 1.14 Total ( A) 73.34 73.34 Ceiling as per the Act Since the Company does not have profits for the financial year 2017-2018, the ceiling limit as per Section II of part II, Part A of the Schedule V of the Companies Act,2013 and as approved by shareholders in the 24th Annual General Meeting held on September 13,2017 would be upto Rs.1,20,00,000 (Rupees One Crore and Twenty Lakhs Only) Per Annum. The remuneration has been fixed in accordance with Part II, Section II, Part A of the Schedule V of the Companies Act, 2013 (Remuneration payable by companies having no profit or inadequate profit without Central Government approval) based on the effective capital which shall not exceed a maximum limit of Rs.135 Lakhs (Rupees One Hundred and Thirty Five Lakhs Only) Per Annum. B.Remuneration to other Directors : 1.Independent Directors Sl.No. Particulars of remuneration Shri K N Venkatasubramanian Name of Directors Shri R Kannan Total amount 1 Sitting fee for attending Board and Committee meetings 1.00 1.00 2.00 2 Commission - - - 3 Others, Please specify - - - Rs.In Lakhs Total B(1) 1.00 1.00 2.00
2. Other Non Executive Directors Rs. in Lakhs Name of Directors Sl.No. Particulars of remuneration Shri Rabinarayan Panda Shri Ramakrishna Eda & Smt.Soundara Kumar Total amount 1 Sitting fee for attending Board and Committee meetings 0.60-0.40 1.00 2 Commission - - - - 3 Others, Please specify - - - - Total B(2) 0.60-0.40 1.00 Total B= B(1)+ B(2) 3.00 & Industrial Development Bank of India Limited (IDBI Bank Ltd) withdrew the nomination of Shri Rabinarayan Panda and appointed Shri Ramakrishna Eda, as its nominee on the Board with effect from August 10,2017. No Board meetings were held post the commencement of the CIRP C. Remuneration to Key Managerial personnel (KMP) other than Managing Director / Manager/ Whole Time Director Sl.No. Gross salary Particulars of remuneration Shri L Chandrasekar Company Secretary & CFO Rs. In Lakhs (a) Salary as per provisions contained in Section 17(1) of the Income Tax Act,1961 42.39 42.39 1 (b) Value of perqusites under Section 17(2) of the Income Tax Act,1961 - - (c ) Profits in lieu of salary under Section 17 (3) of the Income Tax Act,1961 - - 2 Stock options - - 3 Sweat equity - - 4 Commission as % of profit - - 5 Others, Please Specify Employer contribution to Provident Fund and super annuation fund 2.24 2.24 Total ( C) 44.63 44.63 Total
VII. Penalties / Punishment / Compounding of Offences: Section of Type the Companies Act Brief description A.Company Penalty/Late fees NA Late fees for delay in submission of Shareholding Pattern to Stock Exchanges for the quarter ended December 31,2016 Punishment Compounding B.Director Penalty Punishment Compounding C.Other Officer in default Penalty Punishment Compounding NA Penalty for delay in submission of unaudited financial results for the quarter ended June 2017, September 2017 and December 2017 Non compliance of Regulation 78(6) of SEBI (ICDR) Regulations,2009 Details of penalty/punishment/compounding fees imposed Authority (RD/NCLT/C ourt) Appeal made, if any (Give details) Rs.868619/- NSE Ltd During the FY 2016-2017,the Company had paid penalty of Rs.15,000/-(RS.1000 per day of delay upto first 15 days ) and made an application to NSE to waive the additional fine imposed on the paid up capital of the Company. During the FY 2017-2018,the Company has remitted a penalty of Rs.8,53,619/- to National Stock Exchange of India Limited towards delay in submission of Shareholding pattern for the quarter ended December 31,2015. Rs.2669891/- NSELtd NA Rs.2872875/- NIL BSELtd NIL NIL SEBI The Company had made a settlement application with SEBI.In respect of the Settlement application filed with Securities and Exchange Board of India (SEBI) as per Regulation 78(6) of SEBI (Issue of Capital & Disclosure Requirements) Regulation, 2009, the High Powered Advisory Committee of SEBI at a meeting held on May 29, 2017 considered the settlement terms proposed by your Company and recommended the case for settlement upon payment of RS.5,25,000/-The settlement amount was remitted by the Company and a settlement order dated July 24,2017 was received from Securities and Exchange Board of India (SEBI). Shri Ramkumar S V For and on behalf of the board Place : Chennai (IP Registration No.IBBI/IPA-001/IPP00015/ K.Raghavendra Rao Date : August 21, 2018 2016-17/10039) Managing Director Resolution Professional DIN: 00010096