This is to inform that Mr. Bijay Agrawal, Chief Financial Officer of the Company will assume a new role as President -Commercial of the Company to head commercial function of the Company with effect from 24th October, 2023. A copy of letter received from Mr. Bijay Agrawal, intimating stepping down as Chief Financial Officer and Key Managerial Personnel of the Company is enclosed herewith. The Board of Directors of the Company, based on the recommendation of the Nomination and Remuneration Committee, at its meeting held on 23rd October, 2023, has designated Mr. Vinod Sureka, Joint Chief Financial Officer as the Chief Financial Officer of the Company with effect from 24th October, 2023.