In Compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015, The Board of Directors at its Meeting held today i.e. 3rd September, 2021, have inter-alia re-appointed Mr. Dilip Kumar Gupta (DIN:01168576) as Managing Director of the Company with effect from 1st October, 2021 for a term of 5 (five) years, subject to requisite approvals of the shareholders at the ensuing Annual General Meeting of the Company, in terms of the applicable provisions of the Companies Act, 2013, Rules made thereunder and the SEBI (LODR) Regulations, 2015. Brief profile of Mr. Dilip Kumar Gupta, is annexed herewith. It is hereby affirmed that Mr. Dilip Kumar Gupta is not debarred from holding the office of Director/Managing Director by virtue of any order passed by SEBI or any other authority. Mr. Dilip Kumar Gupta is not related to any of the Directors on the Board of the Company.