Ajanta Soya Limited announced that the tenure of Mr. Abhey Goyal as Whole time Director ends on December 31, 2019. Due to preoccupation of Mr. Abhey Goyal, he has decided not offer for re-appointment as Whole time Director of the Company. The board of Directors has accepted his decision. Accordingly, matter was placed and discussed before both board and remuneration committee of the Company and appreciated the decision of Mr. Abhey Goyal. Considering the aforesaid facts, the designation of Mr. Abhey Goyal as Whole Time Director has been ceased with effect from January 31, 2020. He will remain as Ordinary Director i.e. Non-Executive Director of the Company. All the duties, responsibilities and powers of Mr. Abhey Goyal as Whole Time Director ceased with effect from the aforesaid date.