All concerned are informed that following recommendation of the Nomination and Remuneration Committee of the Company, the Board of Directors of the Company in their meeting held to-day, 13th March, 2024 have appointed Mr Arasu Shanmugam (DIN: 02316638) as an Additional Director of the Company with immediate effect i.e from 13th March, 2024. Mr Arasu has also been appointed as Whole-time Director (hereon 'WTD') of the Company for a period of 3 (three) years from 13th March, 2024 on terms and conditions including remuneration agreed upon and has been designated as Director and Chief Executive Officer (India) of the Company. His appointment as WTD is liable to retire by rotation and subject to approval of shareholders, in accordance with applicable provisions of the Companies Act, 2013, Rules and Regulations framed thereunder and SEBI LODR Regulations 2015.