Reliance Naval and Engineering Limited informed that Mr. Madan Pendse has resigned from the post of Chief Financial Officer of Reliance Naval and Engineering Limited with effect from May 31, 2022, due to personal reasons. Mr. Madan Pendse has ceased to be a Key Managerial Personnel under Regulation 30(5) of the Listing Obligations and Disclosure Requirements) Regulations, 2015 for determining the materiality of any event or transaction for making the required disclosures to the Stock Exchange with effect from May 31, 2022. The requisite details as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III thereof and SEBI Circular No.

CIR/CFD/CMD/4/2015 dated September 9, 2015 is enclosed as Annexure- I.