In terms of Regulation 30 read with Schedule Ill of the Listing Regulations, we wish to inform you that Surendra Shah (DIN: 00016578) and Vasant Shah (DIN: 00011596), Independent Directors of the Company, who were appointed for second and final term for a period from April 01 , 2017 to March 31, 2022 have ceased to be Directors of the Company with effect from close of business hours of March 31, 2022 pursuant to completion of their second and final term. Upon cessation as Director of the Company, Surendra Shah also ceased as Chairperson of the Board of Directors and the Company with effect from close of business hours of March 31, 2022 and in his place Animesh Mehta (DIN: 091 22533) was appointed as Chairperson of the Board of Directors and the Company with effect from April 01, 2022.