Please note that Corporate Governance provisions as per Regulation 15(2)(b) of SEBI (LODR) Regulations, 2015 i.e. applicability of Regulations from 17 to 27 of SEBI (LODR) Regulations, 2015, has been mandatorily made applicable to our Company w.e.f. 01-10-2022. Therefore, to comply with Reg. 17(1)(b) we are required to appoint an Independent Director. Accordingly, pursuant to Regulation 30(6) read with Part A Para A of Schedule III of SEBI (LODR) Regulations, 2015, as amended, we hereby inform you that the Board of Directors of the Company, vide Resolution passed at their meeting held on 10th March, 2023 has approved the appointment of Dr. Shishir Gosavi (DIN:09315896) as an Additional Director on the Board, as an Independent Director of the Company, w.e.f. 10th March, 2023, for a term of five years , as per Sec 149, Sec 152 of the Companies Act, 2013, as amended along with rules made there under read with Schedule IV and Reg 17(1)(b) of the SEBI (LODR) Regulations, 2015,.