Britannia Industries Limited informed that Mr. S. S. Kelkar, Independent Director of the company, vide his letter dated May 7, 2018 expressed his desire to step down from the Board of the company and all the Committees of the Board where he is a member, due to advancing age and perceived need to be able to spend more time with his family. The Board of Directors at its Meeting held on August 23, 2018 accepted the resignation of Mr. S. S. Kelkar with effect from closing business hours of August 23, 2018 and also placed on record their appreciation for the valuable contribution made by him during his tenure as an Independent Director of the company.