Dynamatic Technologies Limited announced that Mr. Govind Mirchandani (DIN: 00022583), Chairman & Independent Director and Ms. Malavika Jayaram (DIN: 02252302), Independent Director of the Company, will cease to be directors of the Company upon completion of their term on August 14, 2023. Consequent to Mr. Govind Mirchandani ceasing to be the Chairman and Independent Director upon completion of his tenure with effect from August 14, 2023, Mr. Pierre de Bausset, who is serving as an Independent Director, has been elected by the Board of Directors as the new Chairman.