Sarda Energy & Minerals Limited informed that consequent to the expiry of his term of office, Mr. C.K. Lakshminarayanan, Independent Director on the Board of the Company, has retired with effect from April 1, 2023. Consequent to the retirement of Mr. C.K. Lakshminarayanan, the Board of Directors of the Company comprises of 7 directors (3 executive directors and 4 non-executive Independent directors).