Pursuant to Regulation 30 read with 31A of SEBI (LODR) Regulation, 2015, we wish to inform you that the Company has received request letters on November 30, 2022 from KJMC Corporate Advisors (India) Limited and KJMC Shares & Securities Limited to remove their names from the existing list of ''Promoters'' in the shareholding pattern of the Company post the disinvestment of 9,50,000 (19.85%) equity shares of KJMC Financial Services Limited held by KJMC Corporate Advisors (India) Limited and disinvestment of 2,45,000 (5.12%) equity shares of KJMC Financial Services Limited held by KJMC Shares & Securities Limited, under interse transfer to the existing promoters of KJMC Financial Services Limited on November 17, 2022. In view of the above, the Board of Directors of the Company have passed a resolution by circulation on November 30, 2022 for the removal of names of KJMC Corporate Advisors (India) Limited and KJMC Shares & Securities Limited from the list of the Promoters.