Please be informed that on the recommendation of nomination and remuneration committee, the Board of Directors at their meeting held on 25th May, 2023 have appointed Mr. Abhishek Murarka (holding DIN 00118310) as an additional director in the category of Wholetime Director w.e.f. 25th May, 2023, who shall hold office up to the date of the ensuing annual general meeting (AGM). Further, Mr. Murarka has been appointed as the Wholetime Director of the Company for a period of 5 (five) years with effect from 25th May, 2023 subject to the approval of the members at the ensuing AGM, whose office shall be liable to determination by retirement of directors by rotation, on the terms and conditions as to remuneration and otherwise as set out in the notice calling the ensuing AGM convened to be held on Friday, 11th August, 2023.