With reference to above captioned subject, and pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform that in terms of the order passed by the Hon'ble NCLT approving a Resolution Plan in the matter of Kanel Industries Limited, The company has appointed the following persons as Directors of the Company : 1) Mr. Keyoor Madhusudan Bakshi 2) Mr. Harshit Maulinbhai Kachchhi 3) Mrs. Kamini Keyoor Bakshi