Pursuant to Regulations 30 (2) & 30 (6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ('Listing Regulations'), we hereby inform you that pursuant to the recommendation of Nomination and Remuneration Committee, the Board of Directors of the Company at its meeting held on Thursday, 7th February, 2019 has approved the Change in Designation and appointing Thiru M. Vijayakumar IAS as Chairman and Non-Executive Director (Additional Director) with effect from 7th February, 2019 which is subject to the approval of the shareholders at the ensuing Annual general meeting of the Company.