Intellivate Capital Ventures Limited informed that Mr. Amit Gupta (DIN: 07085538) vide letter dated January 06, 2024, has tendered his resignation as an Independent Director of the Company, with effect from close of business hours on January 06, 2024. While taking note of the above, the Board of Directors of the Company placed on record its appreciation for the valuable contribution and guidance provided by Mr. Amit Gupta during his association with the Company as an Independent Director. Names of listed entities in which the resigning director holds directorships, indicating the category of directorship and membership of board committees, if any.

Directorship: Algoquant Fintech Limited (Independent Director). Committee Membership(s): Audit Committee (Chairperson), Nomination and Remuneration Committee (Chairperson), Stakeholders Relationship Committee (Member).