This is to inform you that the Board of Directors at their meeting held on 28th March, 2025 on the recommendation of Nomination and Remuneration Committee approved the re-appointment and payment of remuneration to the following directors: Sri Narendra Kumar Poddar(DIN- 00304291) as Chairman Sri Akshat Poddar(DIN- 03187840) as Managing Director; and Sri Ballabha Das Mundhra(DIN- 01162223) as Executive Director Since the terms of appointment of aforesaid Directors shall expired on 31.03.2025. The new terms shall be for a period of 5 consecutive years with effective from 01.04.2025 to 31.03.2030 subject to approval of the shareholders of the Company. The Board Meeting commenced at 12.00 PM and concluded at 3.00 P.M. This is for your kind information and records.