FGP Limited announced that Mr. Rajesh Shirambekar has vide his letter dated January 11, 2022, tendered his resignation as an Independent Director of the Company with immediate effect, by virtue of an amendment in Regulation 16 of Securities and Exchange Board of India Regulations, 2015. Mr. Shirambekar in his aforesaid letter has mentioned that there is no other material reason for his resignation other than provided hereinabove. He does not hold Directorship in any other Company, nor is he a member of any board committees of the Company.