India Capital Growth Fund announces Patrick Firth to its Board as upcoming Non-Executive Director

– GUERNSEY, Saint Peter Port –  India Capital Growth Fund Limited (LON: IGC) today announced that Patrick Firth will join its Board as Non-Executive Director. He will become Chairman of the Audit Committee, subject to shareholder approval at the Annual General Meeting on 25 September 2020.

“I am pleased that Patrick Firth is joining the board. He has deep experience of the fund industry, and of quoted investment funds. We look forward to welcoming him as we say thank you to John Whittle for his significant contribution over the years.” said Board Chair, Elisabeth Scott.

John Whittle is standing down as Chairman of the Audit Committee and from the Board and will be retiring at the conclusion of the AGM.

About Patrick Firth

Patrick Firth qualified as an accountant with KPMG and has worked in the investment and funds industry in operations and management in Guernsey for nearly 30 years. Patrick Firth is a non-executive Director of ICG Longbow Senior Secured UK Property Debt Investments Limited, Riverstone Energy Limited and NextEnergy Solar Fund Limited and chairman of AIM traded GLI Finance Limited.

About India Capital Growth Fund

India Capital Growth Fund Limited, the LSE premium listed investment company registered and incorporated in Guernsey was established to take advantage of long-term investment opportunities in companies based in India. The fund predominantly invests in listed mid and small-cap companies, although investments may also be made in large-cap and private Indian companies where the investment manager believes long-term capital appreciation will be achieved.

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