It is to inform you that as per section 149 read with Rule 6 of Companies (Appointment and Qualification of Directors) Rules, 2014 sub-rule (4), Every individual whose name is included in the data bank under sub-rule (1) shall pass an online proficiency self-assessment test conducted by the institute within a period of two years from the date of inclusion of his name in the data bank, failing which, his name shall stand removed from the databank of the institute. With reference to the captioned subject, we hereby inform you that Mr. Sasikanth Rao, Independent Director of the Company could not clear the Online Proficiency Self- Assessment Test within 2 years of inclusion of his name in the Indian Institute of Corporate Affairs (IICA) Data bank and accordingly, he will continue from now as a Non-Executive Director.