With reference to the captioned subject, we wish to inform that the Board of Directors of the Company in their meeting held on Friday, December 29, 2023, inter-alia, considered and approved Notice of Postal Ballot for obtaining the approval of the shareholders to the appointment of Mr. Iyad Malas (DIN: 10381216) who was appointed as an additional (non-executive, non-independent, non-promoter) director of the Company with effect from November 9, 2023. The said proposal is in terms of requirements of Regulation 17(1C) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015.