This is to inform you that a Meeting of the Board of Directors (the "Board") of Sai Capital Limited (the "Company") was held today, i.e., June 06, 2022. The Board conducted the following business at the Meeting: 1) Considered and approved the appointment of Mr. Ankur Rawat (DIN: 07682969) as an Additional Director of the Company in the category of Executive - Non Independent Director with effect from June 03, 2022. 2) Accepted the resignation of Dr. Niraj Kumar Singh (DIN: 00233396), Executive, Non Independent Director from the position of Chairman and Managing Director with effect from close of business on June 03, 2022. 3) Accepted the resignation of Mrs. Juhi Singh (DIN: 02022313), Non-Executive, Non-Independent Director from the position of Director with effect from close of business on June 03, 2022. 4) Accepted the resignation of Mrs. Juhi Singh from the position of Chief Financial Officer with effect from close of business on June 03, 2022.