Based on the recommendation of Nomination and Remuneration Committee the Board of Directors of Grindwell Norton Limited at its meeting held on October 19, 2023, appointed Mr. Amit Koul as Vice President-Abrasives designated as Senior Management Personnel of the Company, effective from January 1, 2024, succeeding Mr. Hari Singudasu, Vice President -Abrasives, who is been appointed as Chief Financial Officer of the Company. Mr. Amit Koul is associated with the Company for more than two decades and worked at various positions in the Company and before taking over this role, he was associated with Abrasives Business as General Manager - Sales & Marketing, and also as Business Head for Bonded, Thin Wheels, Construction Products and Adhesive& Sealents . He holds BE in Mechanical Engineering with vast business and marketing experience.

Mr. Amit Koul currently is in full time employment within the Company.