Lotus Chocolate Company Limited at its board meeting held on January 2, 2024, approved based on the recommendation of the Nomination and Remuneration Committee, Mr. Utsav Saini has been appointed as the Company Secretary & Compliance Officer of the Company that is a Key Managerial Personnel under the Companies Act, 2013 with effect from January 03, 2024 in place of Mr. Subodhakanta Sahoo. Mr. Subodhakanta Sahoo will demit office as the Company Secretary & Compliance Officer of the Company with effect from close of business hours of January 02, 2024. Mr. Subodhakanta Sahoo will however continue as an employee of the Company.

Mr. Utsav Saini, is a Commerce graduate from University of Delhi and an Associate Member of the Institute of Company Secretaries of India. Mr. Utsav Saini has over 12 years of experience in corporate & securities laws and compliance matters.