Pursuant to Regulation 30 read with Part A of Schedule HI of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and as recommended by the Nomination & Remuneration Committee, the board of directors of the DFM Foods Limited have considered and approved the following appointments: Mr. Sahil Dilip Dalal (has been appointed as an Additional Director and as a Non-Executive Director, liable to retire by rotation, with effect from 14 January 2020, and who shall hold office up to the date of the next AGM of the Company or the last date on which the AGM should have been held, whichever is earlier. Mr. Manu Anand has been appointed as an Additional Non-Executive Director, liable to retire by rotation, with effect from 14 January 2020, and who shall hold office up to the date of the next annual general meeting of the Company or the last date on which the AGM should have been held, whichever is earlier. Mr. Vijayanagaram Lakshimipathy Rajesh has been appointed as an Additional Director and as a Non-Executive Director, liable to retire by rotation, with effect from 14 January 2020, and who shall hold office up to the date of the next AGM of the Company or the last date on which the AGM should have been held, whichever is earlier. Mr. Hemant Madhusudan Nerurkar has been appointed as an Additional Non-Executive Independent Director and designated as Non --Executive Chairman of the Company for a period of 5 years with effect from 14 January 2020, subject To Approve the shareholders of the Company at the upcoming general meeting of the Company. Ms. Dipali Sheth has been appointed as an Additional Non-Executive Independent Director for a period of 5 years with effect from 14 January 2020, subject To Approve the shareholders of the Company at the upcoming general meeting of the Company. Mr. Anil Kumar Chanana has been appointed as an Additional Non-Executive Independent Director for a period of 5 years with effect from 14 January 2020, subject To Approve the shareholders of the Company at the upcoming general meeting of the Company. Further, the company informed that the following Directors have resigned from the Board of Company: Mr. Sandeep Singhal, Non Executive Director with effect from 13 January 2020, Mr. Rohan Jain, Dy. Managing Director with effect from the end of 14 January 2020, Mr. Sarat Chandra Nanda, Independent Director with effect from the end of 14 January 2020, Ms. Hiroo Mirchandani, Independent Director with effect from the end of 14 January 2020, Mr. Pradeep Dinodia, Independent Director with effect from the end of 14 January 2020 Mr. Mohit Satyanand, Independent Director with effect from the end of 14 January 2020. Mr. Mohit Jain has resigned from the post of Chairman of the Company with immediate effect i.e from 14 January 2020, however he will continue to serve as a Director of the Company. Further, the company informed that Mr. Sarat Chandra Nanda, Ms. Hiroo Mirchandani, Mr. Pradeep Dinodia and Mr. Mohit Satyanand, Independent Directors, have given the confirmation in their resignation letters that there is no other material reason except as mentioned in their respective resignation letters.