Organic Coatings Limited appointed Mr. Dipak Kantilal Kanabar as an Additional/Independent Director of the company with effect from February 01, 2021. In view of the resignations of Mr. Sudhir A. Sathe and Mr. Chandrakumar Z. Shah as intimated earlier and appointment of Mr. Diapk Kantilal Kanabar as an Additional/Independent Director. The composition of the Board of Directors and reconstituted committee is as under: Audit Committee consisting of 2 Independent Non-Executive Directors: Ms. Ashwini Lad (Chairperson - Independent Non-Executive Director) and Mr. Dipak K. Kanabar (Member - Independent Non-Executive Director). Nomination & Remuneration Committee consisting of 2 Independent Non-Executive Directors: Mr. Dipak K. Kanabar (Chairman - Independent Non-Executive Director) and Ms. Ashwini Lad (Member - Independent Non-Executive Director). Stakeholders Relationship Committee consisting of 3 Independent Non-Executive Directors and one Executive Director: Mr. Dipak K. Kanabar (Chairman - Independent Non-Executive Director). Ms. Ashwini Lad (Member - Independent Non-Executive Director) and Mr. Abhay R. Shah (Member: Managing Director).