We wish to inform that the Board of the Company at its meeting held on October 15, 2024 , based on the Recommendation of Audit Committee and subject to the approval of Shareholders, inter alia considered and approved as follows: a) the appointment of Rajat Associates, Chartered Accountants (FRN: 001885C) as the new Statutory Auditor of the Company to fill the casual vacancy, caused by the resignation of M/s S.N. Nanda & Company, Chartered Accountants (FRN: 000685N), who will hold office till the conclusion of ensuing Annual General Meeting of the Company. b) the appointment of Rajat Associates, Chartered Accountants (FRN: 001885C) for two (2) terms of 5 consecutive years for the purpose of audit of the financial statements of the Company from FY 2011-12 to 2020-21. c) the appointment of M.B. Gupta & Co, Chartered Accountants (FRN: 006928N) for one (1) term of 5 consecutive years for the purpose of audit of the financial statements of the Company from FY 2021-22.