Dear Sir/Madam, The Members of the Company, in their meeting held on 20 August 2020, had approved the re-appointment of Mr. Tejas Deshpande (DIN: 01942507), as an Independent Director of the Company, for a second term of five years with effect from 28 August 2020 to 27 August 2025. Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that Mr. Tejas Deshpande (DIN: 01942507), Independent Director of the Company, has ceased to be a Director of the Company and member of the Committees, as applicable, on completion of his tenure with effect from 28 August 2025. You are requested to take the same on your records.