In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, and based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors at its meeting held on 18 May, 2022, has approved appointment of Mrs. Hasumati Chitalia (DIN:03308172) as Whole Time Director of the Company, with effect from the conclusion of the Board Meeting held on 18 May, 2022, subject to shareholders approval at the upcoming Annual General Meeting of the Company. Further, the company confirmed that Mr. Chandrakant Chitalia and Mrs. Hasumati Chitalia has not been debarred from holding office of the Director by virtue of any SEBI order or any other authority. Further, the company informed that Board of Directors in their meeting held on 18 May, 2022, have accepted resignation of Mr. Shailesh Muknak (DIN: 08480694) as Independent Director of the Company, due to personal reasons and pre-occupations only, and there is no other material reasons other than what is stated above with effect from the conclusion of the Board Meeting held on 18" May, 2022.