The board of directors of Hindalco Industries Limited, based on the recommendation of the Nomination and Remuneration Committee have appointed Mr. Anant Maheshwari as an Independent Director, with effect from 14th August, 2020 for a tenure of 5 years. Mr. Ram Charan, has informed by E- mail dated 13th August 2020, addressed to the Board of Directors about his decision to step down from the Company's Board, due to his increasing commitments on August 14, 2020. Mr. Charan confirmed that there is no other material reason for his resignation. Mr.Anant Maheshwari is a leader from industrial and technology industries with career spanning Microsoft, Honeywell and Mckinsey. Currently President India Microsoft. India is the only place where all assets of Microsoft exist. Market organization, Product & Tech development, Research Centre, Engineering and Tech support services etc. He has direct responsibility for the USD 2.0 billion market P&L and administrative oversight of rest of the Microsoft entities.