Precision Camshafts Limited announces induction of Mr. Anit Pal Singh, Chief Operating Officer and Mr. Deepak P. Kulkarni, DGM - New Product Development and sub-sequent reconstitution of Risk Management Committee (RMC). Post their appointment the composition of RMC Committee will be as follows: Mr. Yatin S. Shah Chairman and Managing Chairman Director. Mr. Ravindra R. Joshi Whole-time Director and CFO and Member.

Mr. Karan Y. Shah Whole-time Director Member. Mrs. Savani A. Laddha Independent Director Member. Mr. Suhas J. Ahirrao Independent Director Member.

Mr. Rajkumar K. Kashid General Manager-Human Resource Member. Mr. Anit Pal Singh Chief Operating officer Member. Mr. Deepak P. Kulkarni DGM - New Product Development Member.

Appointment of Mrs. Savani A. Laddha (DIN: 03258295), Independent Director and existing Member of Audit Committee as a Chairperson of Audit Committee. Following is the composition of audit committee: Mrs. Savani A. Laddha Independent Director Chairperson. Mr. Ravindra R. Joshi Whole-time Director, CFO Member.

Mr. Suhas J. Ahirrao Independent Director Member. Dr. Ameet N. Dravid Independent Director Member. Ms. Apurva P. Joshi Independent Director Member.

Mrs. Anagha S. Anasingaraju Independent Director Member.