This is to inform that the Board of Directors of the Company at its meeting held today (i.e., Monday, May 15, 2023) has inter-alia, on the recommendation of the Nomination and Remuneration Committee approved the re-appointment of Mrs. Akhila Anamolu (DIN: 08140852) as an Independent Director of the Company, not liable to retire by rotation, to hold office for a second term of 5 consecutive years commencing from May 28, 2023 to May 27, 2028, subject to the approval of shareholders at the ensuing Annual General Meeting.