D. B. Corp. Limited announced that Mr. Pradyumna Mishra, Group Chief Financial Officer will be retiring from the services of the Company on attaining the age of superannuation at the close of business hours on March 31, 2023. On the recommendation of the Nomination and Remuneration Committee and Audit Committee, the Board of Directors of the Company at its Meeting held on March 28, 2023 has approved the appointment of Mr. Lalit Jain as the Chief Financial Officer of the Company with effect from April 1, 2023 in place of Mr. Pradyumna Mishra who is retiring as the Group Chief Financial Officer of the Company.

Mr. Lalit Jain is a qualified Chartered Accountant and dynamic professional with 31 years of rich overall experience. Earlier, he has worked with Panasonic Battery, a manufacturing company for 13 years, and 2 years with Reliance Retail. Before joining D. B. Corp.

Ltd. he shouldered responsibilities of CFO of Shriram Fortune Solutions Ltd. (part of Shriram Group) for 5 years. He has been associated with Dainik Bhaskar group since almost 10 years and he is currently heading key functions of Finance & Accounts department of the company. Over these years, he has made significant contributions in dealing with Business heads, Group companies, Auditors and Legislative authorities, Taxation Departments, Buy back & strategy formulations and he is an enterprising leader with dynamic abilities in mentoring and motivating the team.