S H Kelkar and Company Limited announced that Mr. Dalip Sehgal has ceased to be an Independent Director of the Company with effect from the closure of business hours of December 8, 2022 pursuant to completion of his second term as an Independent Director. Pursuant to the cessation of Mr. Dalip Sehgal as an Independent Director, the following Board Committees have been re- constituted as: Stakeholders' Relationship Committee: Mr. Vasant Gujarathi­ - Chairman, Independent Director; Mr. Deepak Raj Bindra ­ - Member, Independent Director; and Mr. Shrikant Oka -­ Member, Independent Director. Audit Committee: Mr. Vasant Gujarathi ­- Chairman, Independent Director; Mr. Kedar Vaze ­- Member, Wholetime Director; Ms. Sangeeta Singh ­ -Member, Independent Director; and Mr. Shrikant Oka ­- Member, Independent Director.