Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, ('Listing Regulations'), we wish to inform you that based on the recommendation of the Audit Committee, the Board of Directors of the Company at its meeting held today, i.e. Thursday, May 26, 2022, has recommended the appointment of M/s. Talati & Talati LLP, Chartered Accountants (Firm Registration No.: 110758W/W100377) as the Statutory Auditors of the Company, for approval of the members at the ensuing Annual General Meeting (AGM), for a term of 5 (five) consecutive years i.e. from the conclusion of the 56th AGM to be held in the year 2022 until the conclusion of 61st AGM to be held in the year 2027. Kindly take above information on your records.