Rana Sugars Limited at its board meeting held on August 12, 2022, announced that Mr. Shivatar Singh Bajwa has stepped down and resigned from the position of the Independent Director of the company with effect from August 12, 2022 due to weak health and ongoing medical treatment. The company also announced change in designation of Rana Veer Pratap Singh from Non-Executive Director to Whole-time Director of the Company for a period of three years starting from August 12, 2022 to August 11, 2025. Reconstitution of Various Committees of the Board, effective August 12, 2022 as: Audit Committee: Mr. Tara Chand Meenia - Status in Committee, Chairman - Nature of Directorship - Non-Executive Independent Director; Mr. Basant Kumar Bajaj - Status in Committee, member- Nature of Directorship - Non-Executive Independent Director; and Mrs. Navpreet Kaur - Status in Committee, member- Nature of Directorship - Non-Executive Independent Director.

Stakeholders Relationship Committee: Mr. Tara Chand Meenia - Status in Committee, Chairman - Nature of Directorship - Non-Executive Independent Director; Rana Veer Pratap Singh - Status in Committee, member- Nature of Directorship - Executive Director; and Mr. Basant Kumar Bajaj- Status in Committee, member- Nature of Directorship - Non-Executive Independent Director. Nomination and remuneration committee: Mr. Tara Chand Meenia - Status in Committee, Chairman - Nature of Directorship - Non-Executive Independent Director; Mrs. Navpreet Kaur- Status in Committee, member- Nature of Directorship - Non-Executive Independent Director; and Mr. Basant Kumar Bajaj- Status in Committee, member- Nature of Directorship - Non-Executive Independent Director.