Mawana Sugars Limited at its board meeting held on May 31, 2021 approved the Appointment of Mr. Ravinder Singh Bedi, Non-Executive and Independent Director of the company as the Chairman of the Board and Co-option of Mr. Krishna Shriram as an Additional Director on the Board of Directors of the company with effect from May 31, 2021 till the next Annual General Meeting of the company. Board of Directors of the company affirm that Mr. Krishna Shriram is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.