The board of directors of JK Lakshmi Cement Limited at its meeting held on February 8, 2024, approved appointment of Shri Bharat Hari Singhania as Chairman Emeritus for life term & Strategic Advisor to the Board w.e.f. 1st April 2024 The Board took note that Shri Bharat Hari Singhania, Chairman, has expressed his desire to step down as Chairman and Director of the Company with effect from 1st April 2024. The Board acknowledged and appreciated his contribution in growth of the Company. Considering his long association, vast experience, knowledge and wisdom in the business of the Company and to continue to benefit from his rich and valuable experience, the Board has appointed Shri Bharat Hari Singhania as Chairman Emeritus for life term & Strategic Advisor to the Board for a term of five years w.e.f. 1st April 2024; In view of stepping down of Shri Bharat Hari Singhania from the Chairmanship and Directorship of the Company, the Board redesignated Smt.

Vinita Singhania, Vice Chairman & Managing Director of the Company, as Chairperson & Managing Director of the Company, effective from 1st April 2024, on existing terms & conditions including remuneration.