We would like to inform you that based on the recommendation of Nomination & Remuneration Committee, the Board of Directors of the Company at its meeting held today i.e. 22nd May, 2023, subject to the approval of the shareholders of the Company, have approved the following appointment of directors: 1.Appointment of Mr. Sanjay Goyal as Additional - Whole Time Director -Executive Director of the Company w.e.f. 22nd May, 2023 for a term of three years including and upto 21st May, 2026; None of the above appointee(s) are debarred from holding office of Director by virtue of any order passed by SEBI and/or such other authority. The relevant details pursuant to Regulation 30 of SEBI LODR read with SEBI's Circular no.CIR/CFD/CMD/4/2015 dated September 9, 2015 in respect of the above appointments, are enclosed as Annexure - A-1 to this letter.