Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, and on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company at their meeting held today i.e on August 25, 2023, decided to re-appoint Mr. Anil Kumar Sharma (DIN: 02463893) as the Managing Director of the Company for the period of 5 (Five) years with effect from September 18,2023 to September 17, 2028.