This is with reference to the captioned subject, we would like to inform you that in accordance with the provisions of Section 168(3) of the Companies Act, 2013 read with Rules made thereunder, the Promoters of the Company has appointed Dr. Velayutham Shoolagiri Appojichettiar (DIN 06726246) as Non-Executive Director on the Board of Directors of the Company with effect from January 14, 2020, subject to the approval of the Shareholders in the General Meeting. The brief profile of Dr. Velayutham is enclosed herewith as Annexure-A. Further, this is to inform you that the Company is in process of appointing the required number of Directors as prescribed under the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015. The aforesaid information may be treated as relevant disclosure as required under Regulation 30 and any other applicable provisions of the SEBI(Listing Obligations and Disclosure Requirements)Regulations,2015.