6) Based on the recommendation of Audit Committee, the Board has approved and recommended to the shareholders the appointment of M/s. R.C. Agarwal & Co., Chartered Accountants (ICAI firm registration number: 003175N) as the Statutory Auditors of the Company for the terms of 5 years who shall hold office from the conclusion of the ensuing 40th Annual General Meeting ("AGM) of the Company till the conclusion of 45th AGM of the Company. Brief details, as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, with respect to the appointment of M/s. R.C. Agarwal & Co., Chartered Accountants as the Statutory Auditors of the Company are given: