This is to inform you that meeting of Board of Directors of the Subhash Silk Mills Ltd regarding decisions made a nd in compliance with SEBI Listing Regulations. The key approvals and noting are given below in summarized manner: 1. Approval of unaudited financial results for the quarter ended June 30, 2024. 2. Appointment of two new Independent Directors: Mr. Jay Narayan Nayak and Ms. Kavisha Dinesh Shah effective from August 14, 2024, subject to member approval at the 54th Annual General Meeting (AGM). 3. Cessation of two Independent Directors: Mr. Anant Singhania and Mr. Lav Kumar Vadehra, effective September 27, 2024, following the completion of their second and final term. 4. Scheduling of the 54th AGM on September 27, 2024, via Video Conferencing/Other Audio Visual Means. 5. Reconstitution of the Audit, Stakeholder Relationship, and Nomination & Remuneration committees, effective September 27, 2024.