Pursuant to Regulation 30 read with part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Board of Directors of the Company at its meeting held on Friday, 12th August, 2022, has appointed Mr Vinod Beswal as Additional Director (Non- Executive, Independent), with immediate effect, subject to approval of shareholders at the ensuing Annual General Meeting of the Company. Further, as per the requirement of the Circular No. List/Comp/14/2018-19 dated 20th June, 2018 issued by BSE on the subject of enforcement of SEBI Orders regarding appointment of Directors by listed companies, we hereby affirm that the Director being appointed is not debarred from holding the office of director by virtue of any order of SEBI or any other such authority.