Indian Infotech and Software Limited announced that the Board of Directors of the company at its meeting held on 15th September, 2018 has approved the following: appointment of Ms. Rekha Ojha as Women Director (Independent Director) of the Company; appointment of Mr. Rashesh Shitwala as Independent Director and Chairman of the Company; appointment of Mr. Bhumisht Makawana as an Executive Director and CFO of the Company; appointment of Gunjan Doshi as an Executive Director of the Company; resignation of Ms. Varsha Murarka from the post of Director of the Company; resignation of Ms. Kamal Narayan Sharma from the post of Managing Director of the Company; and resignation of Ms. Harish Joshi from the post of Director of the Company. Rekha Ojha has 5 years of total experience in Administration functions. Rashesh Shitwala has 10 years of total experience
in Administration functions. Bhumisht Makawana has 12 years of total experience in Operational functions. Gunjan Doshi has 25 years of total experience
in Operational and Administration functions.