Dear Sir/Ma'am, In compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, this is to inform you that based on the recommendation of Nomination and Remuneration Committee and subject to approval of the shareholders, and applicable conditions thereof, the Board of Directors, at its meeting held on 31.08.2023, has considered and approved the re-appointment of Mr. Rajeev Mukhija (DIN: 00507367), Managing Director of the Company, for a further period of Three (3) years w.e.f. 01.01.2024. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 09th September, 2015 along with the brief profile is given in Annexure A to this letter. The Board Meeting was commenced at 4.00 PM and Concluded at 5.00 PM