Borosil Glass Works Limited announced that all employees of the company shall become employees of the resulting Company that is Borosil Limited from effective date of the Scheme. In view of the above, to give effect to the said provision, the following Key Managerial Personnel (KMP) of the Company have tendered their resignations from the Company to take up assignment with the resulting company namely Borosil Limited: Mr. Shreevar Kheruka as Managing Director & CEO, however, Mr. Shreevar Kheruka will continue to be Director of the Company. Mr. Rajesh Kumar Chaudhary as Whole-time Director.

Mr. Swadhin Padia as Chief Financial Officer. Ms. Gita Yadav as Company Secretary & Compliance Officer. The said resignations will be the effective date of the Scheme as may be decided by the Board of Directors of the Company at its upcoming meeting scheduled to be held on 3 February, 2020.