Future Lifestyle Fashions : Resignation

Date: 23 April 2022

To,

Dept. of Corporate Services (CRD) BSE Limited

Phiroze Jeejeebhoy Towers, Dalal Street,

Mumbai - 400 001.

To,

Listing Department

The National Stock Exchange of India Limited Exchange Plaza,

Bandra - Kurla Complex, Bandra (East), Mumbai - 400 051.

Scrip Code: 536507 Debt Scrip Code: 957150

Dear Sir / Madam,

Scrip Code: FLFL

Ref: Notification under Regulation 30 of the SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015

Sub: Intimation of resignation of Chairperson and Independent Director

We write to inform you that Mr. Shailesh Haribhakti has resigned from the position of the Chairperson and Independent Director of the Company with effect from 22 April 2022 vide his resignation letter dated 22 April 2022 submitted to the Company. Consequently, he also ceased to be a member of the Audit Committee and the Nomination and Remuneration Committee of the Company.

We enclose herewith copy of the resignation letter received by the Company as Annexure - A. Mr. Haribhakti has also confirmed that apart from the reasons as mentioned in his resignation letter, there is no other reason for his resignation from the position of the Chairperson and Independent Director of the Company.

We, on behalf of the Company and other Board members place on record deed sense of gratitude and appreciation for his leadership, association, guidance and contribution to the Board and the Company, during his tenure as Chairperson and Independent Director of the Company.

The list of the names of the other listed entities in which he holds directorships indicating the category of directorship and membership of board committees, is enclosed as Annexure - B.

Kindly take the above information on your records.

Thanking you,

Yours truly,

For Future Lifestyle Fashions Limitedp

Sanjay Kumar Mutha

Company Secretary

Encl: as above

Future Lifestyle Fashions Limited

Knowledge House, Shyam Nagar, Off Jogeshwari Vikhroli Link Road, Jogeshwari (East), Mumbai - 400060.

P+91 22 4055 2200, F+91 22 4055 2201,www.futurelifestyle.in

CIN: L52100MH2012PLC231654

Annexure - A

SHAILESH HARIBHAKTI Chartered Accountant

42 Free Press House 215, Nariman Point Mumbai 400021

B: [phone] D: [phone]

Email:[e-mail]

22 April 2022

To

Board of Directors

Future Lifestyle Fashions Limited Mumbai

Dear Sirs,

Sub : Submission of resignation as Chairman and member of the Board

The volatile, complex and unpredictable Legal & financial circumstances of the Company have taken unexpected turns. Many alternative recommendations made by the board and all efforts of the Board to find a solution have not met with the implementation impetus. Consequently, as Chairperson of the Board, I feel constrained to act further and submit my resignation as a member of the Board with immediate effect to enable the Promoters and Investors to find out suitable alternative, who would be able to find a solution for the Company. I have ensured that all responsibilities entrusted upon me till today including very recent one of chairing NCLT convened meetings of the Company and other group companies are discharged diligently. Further, I would be happy to provide any further advise and support to the Company and management, as they may need.

I also confirm that apart from above, there is no other reason for my resignation from the position of the Chairperson and Independent Director of the Company.

As required by the law, this resignation may be intimated to the Registrar of Companies and Stock Exchanges immediately .

Thank You.

Shailesh Haribhakti

Annexure - B

Names of the listed entities in which Mr. Shailesh Haribhakti holds Directorships, indicating the category of Directorship and Membership of Board Committees are as under:

Sl. No.	Name of the Listed Entities	Category of Directorship and Membership of Board Committees
1	Torrent Pharmaceuticals Ltd	Independent Director
Audit Committee	Chairperson
Securities Transfer & Stakeholders' Relationship Committee	Member
Risk Management Committee	Member
Nomination & Remuneration Committee	Chairperson
Corporate Social Responsibility & Sustainability Committee	Member
Special Committee of Directors	Chairperson
2	Acc Limited	Independent Director
Nomination & Remuneration Committee	Chairperson
Risk Management Committee	Member
Corporate Social Responsibility Committee	Chairperson
Stakeholder's Relationship Committee	Member
Compliance Committee	Member
3	Ambuja Cements Limited	Independent Director
Nomination & Remuneration Committee	Member
Risk Management Committee	Member
Compliance Committee	Member
Management Committee	Member
4	Blue Star Limited	Non-Executive Chairperson & Independent Director
Audit Committee	Member
Nomination & Remuneration Committee	Member
5	Bajaj Electricals Limited	Independent Director
Audit Committee	Chairperson
Nomination & Remuneration Committee	Member
Independent Directors Committee	Chairperson
6	L&T LimitedFinanceHoldings	Independent Director
Audit Committee	Member
Nomination & Remuneration Committee	Member
Group Risk Management Committee	Chairperson
Corporate Social Responsibility Committee	Chairperson
Committee of Directors	Member
IT Strategy Committee	Member

******************

Future Lifestyle Fashions Limited

Knowledge House, Shyam Nagar, Off Jogeshwari Vikhroli Link Road, Jogeshwari (East), Mumbai - 400060.

P+91 22 4055 2200, F+91 22 4055 2201,www.futurelifestyle.in

CIN: L52100MH2012PLC231654