We would like to inform that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on the recommendation of Nomination & Remuneration Committee, the Board of Directors of the Company has appointed Mr. Vikas Bansal as an Additional Director (Non- Executive Non- Independent) of the Company. The details required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 read with SEBI Circular CIR/CFD/CMD/4/20 15 dated 9th September, 2015 in relation to appointment is enclosed herewith as 'Annexure- I' You are requested to take the above on your records and acknowledge the same.