Mauria Udyog Limited announced that Mr. Rannveer Singh Rishi, Director and Mr. Rannvijay Singh Rishi, Director, vide their resignation letters dated October 20, 2022 have resigned as non-executive independent directors of the company with effect from October 20, 2022, on account of reasons /due to their other professional obligations as mentioned by them in their resignation letters along with Confirmation for no material reasons, which are enclosed herewith.