The Board of Directors in their meeting held today decided to seek approval of the members of the Company through Postal Ballot for: 1. Appointment of Shri Saket Kandoi (DIN: 02308252) as Whole-time Director of the Company designated as 'Director (Freight Rolling Stocks) 2. Approval of change in name of the company to 'Titagarh Rail Systems Limited' 3. Approval of Employee Stock Options Scheme titled 'Titagarh Wagons Limited-Employee Stock Options Scheme 2023' The Notice for the Postal Ballot will be sent through electronic mode to those members whose email address are registered with the Company/Depository Participants. The Members, whose name appears in the Register of Members/ List of Beneficial Owners as on Friday, 24th of March, 2023, being the cut off date will be entitled to vote on the aforesaid resolution (s). The Notice of the Postal Ballot will be sent to the exchanges separately and will be made available on the website of the Company. Please take the above on record.