Indsoya Limited informed that, based on the recommendation of the Nomination and Remuneration Committee and Pursuant to completion of open offer and takeover of the Company and change in promoters and management in the Company, the Board of Directors at its meeting held 12 October, 2022, have approved appointments with effect from 12 October, 2022: Lovely Ghanshyam Mutreja appointed as managing director. The Board also accepts resignation of Sarita Mansingka as Managing Director. Reason Pursuant to completion of open.

offer and takeover of the Company and change in promoters and management in the Company. profile: Lovely Ghanshyam: She holds degree of Master of Business Administration (MBA)in Foreign Trade from Devi Ahilya Vishwavidyalaya, Indore. She is having experience of over 15 yearsin the field of Pharmaceutical Company.