We hereby inform that Mr. Vallabh Roopchand Bhanshali (DIN: 00184775), Independent Director, has retired from the Company''s Board of Directors, w.e.f the close of Business hours on October 9, 2023, upon completion of his tenure. Further, we would like to inform that the Board of Directors have approved the appointment of Mr. Govind Shridhar Shrikhande (DIN: 00029419) as an Independent Director w.e.f October 9, 2023 subject to the approval of shareholders of the Company.