Pursuant to Regulation 30 of SEBI (Listing obligations and Disclosure requirements) Regulations, 2015, we wish to inform you that the board of directors at their meeting held on Monday, November 14, 2022 has approved the following: 1. Appointment of Mr. Sumit Pawar (DIN: 09779498), as an Additional Director (Non-Executive) and Chairman of the company, effective from closure of business hours on November 14, 2022. 2. Appointment of Mr. Rajaram Gawde (DIN: 09784855) as an Additional Director (Non-Executive) of the company effective from closure of business hours on November 14, 2022. 3. Designate Mr. Rajagopalan Iyenger (DIN: 00016496) as the Managing Director of the company. 4. Resignation of Mr. Pankaj Mishra (DIN: 07999390), from the post of Non-Executive Director w.e.f closure of business hours today on November 14, 2022. The Board Meeting commenced at 3:00 P.M. and concluded at 4:00 P.M.