Pursuant to the provisions of Section 149 read with Rule 6 of the Companies (Appointment and Qualification of Directors) Rules, 2014 and Regulation 30 of the SEBI (LODR) Regulations, this is to inform you that effective from 17th February 2022, Mr. Rakesh Gupta has ceased to be an independent director of the Company by reason that he has not attempted the online proficiency self-assessment test, within the period of two years from the date of inclusion of his name in the databank of Independent Directors maintained by the Indian Institute of Corporate Affairs, Manesar, Haryana. Effective from 17th February 2022, Mr. Rakesh Gupta will be classified as a non-independent director on the Board of the Company.