With reference to the above captioned matter, in terms of Regulation 30 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Meeting of the Board of Directors of the Company was held on Saturday, the 3rd February, 2023 at 4.00 p.m. at its Corporate Office at 201-202, 'B' Wing, Alkapuri Arcade, R.C. Dutt Road, Vadodara, Gujarat, has considered, approved and taken on record : 1. The Board reluctantly accepted the resignation of Mr. Kiran shah as Managing Director effective 31st March, 2024 but he would continue to act as a Director and Chairman of the Company. 2. Unaudited Financial Results for the quarter and Nine Months ended 31st December, 2023, duly carried on Limited Review by the Statutory Auditors and considered and recommended by Audit Committee , were approved and taken on record by the Board of Directors, the copies of thereof, are enclosed.