Pursuant to Regulation 30 read with Part a of Schedule II of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 and based on the Recommendation of the Nomination and Remuneration Committee, Board of Directors of the Company by way of resolution by circulation has appointed Mr.Prasanth Raghunathan (DIN:02113647) as a Nominee Director effective from 14th August 2023, in place of Mr.Ravichandran Rajan, who was retired, subject to the approval of shareholders in the ensuing General Meeting. Further in accordance with Circular dated June 20, 2018 issued by the Stock exchanges Mr. Prasanth Raghunathan is not debarred from holding the office of director by virtue of any SEBI order or of any other authority. The details as require under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No.SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is provided in ''Annexure-A" which is enclosed with PDF file uploaded.