International Combustion (India) Limited announced that Mrs. (Prof.) Bharati Ray, who had been serving on the Board of Directors of the Company as an Independent Woman Director, has resigned from her position with effect from July 5, 2022, being the date of receipt of the notice of resignation by-the Company. The reasons for the resignation are entirely advanced age and health-related, as stated in her letter of resignation, a copy of which has been duly enclosed as required. As required under the aforementioned regulations, Mrs. (Prof.) Bharati Ray has also separately confirmed to the Company that there are no other material reasons for her resignation other than those stated in her letter of resignation.

Mrs. (Prof.) Bharati Ray was also serving as a member of the Share Transfer & Stakeholders' Relationship Committee, Nomination & Remuneration Committee and Corporate Social Responsibility (CSR) Committee of the Board of Directors of the Company. Mrs. (Prof.) Bharati Ray is presently not serving on the Board of Directors of any other Company.