We wish to inform you that Mr. Anindya Dutta (DIN: 08256456), Managing Director of V.I.P. Industries Limited ('the Company') has tendered his resignation on 14th August, 2023, which will be effective from the close of business hours on 13th November, 2023. Further, we wish to inform you that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company at its meeting held on 15th August, 2023, which commenced at 5:15 P.M., and concluded at 5:30 P.M. has appointed Ms. Neetu Kashiramka (DIN: 01741624) as the Managing Director Designate and Chief Financial Officer, with effect from 15th August, 2023. Ms. Neetu Kashiramka shall take over as the Managing Director and Chief Financial Officer of the Company with effect from 14th November, 2023, subject to Shareholder's approval. A brief profile of Ms. Neetu Kashiramka is attached herewith and marked as Annexure B.