Pursuant to Regulation 30 of the SEBI(LODR) Regulations, 2015, the Shareholders of the Company in their A.G.M. held on 30.09.2019 inter alia has approved appointment of M/s.Gohel & Associates LLP (ICAI Registration No. W100162), as Statutory Auditors of the Company, in place of M/s.M. M. Parikh & Co.(ICAI Registration No.107557W), who has shown his unwillingness to continue as Statutory Auditor of the Company due to his age related health problems w.e.f. this A.G.M., to hold office for a term of five consecutive years from the conclusion of this 34th A.G.M, until the conclusion of the 39th A.G.M of the Company to be held in the calendar year 2024,in terms of the provisions of Sections 139,141 and 142 of the Companies Act, 2013 read with the Companies (Audit and Auditors) Rules, 2014 and applicable provisions of SEBI (LODR) Regulations, 2015and pursuant to the recommendation of the Audit committee as already informed to exchange.