Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, We hereby inform you that, The Board of Directors of the company at its meeting held on Monday, 13th February, 2023 has considered and approved the appointment of Mr. Rajiv N. Mehta, Independent & Non-Executive Director (DIN: 07898792) as the Chairman of the Company due to sad demise of former chairman Mr. Kartikkumar R. Upadhyay (DIN: 02288097). Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 regarding sad demise of Mr. Kartikkumar R. Upadhyay was submitted to the stock exchange on 31st January, 2023. This is for your information and records.