We write to inform you that Ms. Sharada Sunder, has resigned from the position of the Independent Director of the Company with effect from 13 April 2022, in view of her personal and family priorities. She also ceased to be member of the Audit Committee, the Nomination and Remuneration Committee and Risk Management Committee of the Company. She has also confirmed that apart from the abovementioned reasons as given in her resignation letter, there are no other reason for her resignation. Copy of the said resignation letter is enclosed herewith. We take this opportunity to record appreciation on behalf of the Company and other Board members for her association, guidance and contribution to the Company, during her tenure as Independent Director of the Company. She does not hold directorship in any other listed Company.