With reference to the captioned subject and pursuant to Regulation 30 of the SEBI LODR Regulations, we write to inform you that the Board of Directors of the Company has, at its meeting held today i.e. on Friday, May 08, 2026 at 03:45 p.m. at the Corporate office of the Company situated at 701, Tulsiani Chambers, Free Press Journal Marg, Nariman Point, Mumbai - 400021, inter-alia considered and approved: 1) Appointment of Independent Director on the Board of the Company. 2) Cessation of an Independent Director of the Company upon completion of his second and final term as an Independent Director of the Company and 3) Re-constitution of various Committees of the Board of Directors of the Company, w.e.f. May 09, 2026 consequent to change in the Board''s composition due to appointment and cessation of Directors.