This is to inform you that the Board of Directors of the Company in its meeting held today i.e. on Thursday, 21th December, and 2023 from 4:00 P.M to 4:30 P.M at the Registered Office of the Company inter alia, has considered and approved following businesses: 1. Mr. Ashok Chinubhai Shah, director of the company has been re-designated and appointed as Managing Director of the company to hold the office for continuous period of 5 years, i.e. 21th December, 2023 to 20th December, 2028, subject to approval of members at ensuing general meeting.