This is to inform you that pursuant to Regulation 30 of the of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Audit Committee and the Board of Directors at their respective meetings held today, June 22, 2023 has recommended the appointment of M/s G.P Sharma & Co. LLP, Chartered Accountants, Mumbai (FRN: 109957W/W100247), as the Statutory Auditor of the Company for a term of 1 year commencing from the conclusion of 48th Annual General Meeting till the conclusion of 49th Annual General Meeting.