Gemstone Investments Limited informed that meeting of Board of Directors of the Company was held on 08th August 2023 at the registered office of the Company to consider and approve the following business matters: Resignation of Ms. Manali Kirit Bhuva (DIN: 01818201) from the office of the Chairman and Executive Director of the Company with effect from 08th August 2023. Appointment of Ms. Kirti Deepak Vekaria (DIN: 10263433) as Chairman and Additional Executive Director of the Company with effect from 08th August 2023. Ms. Kirti Vekaria is a commerce graduate with expertise in the field of Business Administration.

Her experience would be beneficial for the growth of the Company.