Dear Sir, Sub: Intimation of Re-appointment of Managing Director Ref: Company Code: 539384 In compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, this is to inform you that based on the recommendation of Nomination and Remuneration Committee and subject to approval of the shareholders, and any required regulatory approvals and applicable conditions thereof, the Board of Directors, at its meeting held on March, 2021, has considered and approved the re-appointment of Mr. Ashok Kumar Agrawal (DIN 00944735), Managing Director, designated as 'Managing Director and Chairman' of the Company, for a further period of five (5) years w.e.f. 1st April, 2021 to 31st March, 2026 (both days inclusive). Subject to approval of members in ensuing Annual General Meeting. Brief Profile of Mr. Ashokkumar Agrawal is attached herewith (As per Annexure - A).