Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') read with sub-para 7 of Para A of Part A of Schedule III to the Listing Regulations, this is to inform you that Board of Directors in their meeting held on, Friday, 13th Day of August, 2021, approved the appointment of Shri Ramesh Shah (Managing Director) as Chairman of the Board and Company with effect from 13th August, 2021.