Mohit Paper Mills Limited informed that the Board of Directors of the Company in their meeting held on, March 30, 2024 approved the following matter: Mr. Sushil Kumar Tyagi (DIN: 06362605), Mr. Rachit Jain (DIN: 06982727) and Mr. Sanjeev Kumar Jain (DIN: 07018412), appointed as Director (Non-Executive Independent) by members of the Company in its Twenty Sixth (26th) Annual General Meeting held on September 28,
2018 for second term for 5 consecutive year from 01/04/2019 to 31/03/2024, so that these directors are retiring from the office of Independent Director on completion of his second term as an Independent Director effecting from the closing the business hours on 31/03/2024 and ceased
to be the Director of the Company thereafter.