Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and on the recommendations of the Nomination and Remuneration Committee, the Board of Directors, at their Meeting held today i.e., on 3rd September, 2022 has taken following decisions A. Re-appointment of Mr. Hariram Garg (DIN: 00216053) as the Managing Director cum chairman of the company for the period of Three Years with effect from September 29, 2022 to September 28, 2025. B. To accept the resignation of Mr Ashok Chamaria (DIN: 00445605) as the Non-Executive Independent Director of the Company with effect from September 29, 2022. C.The appointment of M/s. Agarwal Kejriwal & Co. is subject to the approval of the Shareholders of the Company at the ensuing AGM.