Based on the recommendation of the Nomination and Remuneration Committee of the Company, approved the appointment of Mr. Vynsley Fernandes (DIN: 02987818), as an Additional Director designated as a Whole-time Director for a period of 3 years with effect from November 14, 2022, subject to the approval of the Shareholders in terms of regulation 17(1C) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In accordance with the Circular dated June 20, 2018 issued by the Stock Exchanges, we hereby state that Mr. Vynsley Fernandes is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other such authority. Brief details of Mr. Vynsley Fernandes are provided in Annexure - A;