We wish to inform your good-self that the Board of Directors of the Company at their 235th Meeting held on Wednesday, 25th May, 2022 at the registered office of the Company situated at 27-A, First Floor, Meera Nagar, Housing Board Colony, Udaipur -313001, Rajasthan which commenced at 3.00 P.M. and concluded at 6.40 P.M. inter alia approved the re-appointment of Mr. Vikas Ladia as Managing Director and Chief Executive Officer ('MD & CEO') and Mr. Anubhav Ladia as Whole Time Director ('WTD') of the Company for a period of 3 years with effect from 1st June, 2022 to 31st May, 2025 subject to approval of shareholders in the ensuing Annual General Meeting.