Paras Petrofils Limited announced that, based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors, in its meeting held on 10th February, 2024, has appointed Mr. Rupesh Pachori (DIN: 10474987) and Mr. Piyush Khatod (DIN: 10469394) as an Additional Independent Director of the Company with immediate effect i.e. 10th February, 2024. Rupesh Pachori (Date of Birth 12 August 1990) By Profession as a Practicing Chartered Accountant, having exposure in Internal Audit, Taxation, Statutory Audit, Management Consultancy, project financing etc. Expertise in specific functional areas: Finance and Taxation, Statutory Audit.

Piyush Khatod (Date of Birth 08 July 1990) By Profession as a Practicing Chartered Accountant & and Has an interest in the fields of Banking, Corporate Laws, Taxation, Audit and Management Consultancy Including Government Subsidies Scheme Loan & Project Financing. Expertise: Taxation, Finance, Internal and Statutory Audits of Various Industry. Further, Mr. Anilkumar Bansal (DIN: 02669019) and Mr. Harikishan Panpaliya (DIN: 02645602) Independent Directors have been retired from the Board of the Company.