The board of directors of Savant Infocomm Limited meeting held on February 11, 2023, approved Mr. Girish Kishorkumar Sarda has been appointed as an Additional, Non-Executive, Non-Independent Director of the Company with effect from February 11, 2023 based on the recommendation of the Nomination and Remuneration Committee. Mr. Girish Kishorkumar Sarda, is a Corporate executive have, Graduated in Horticulture and holds an MBA in Marketing. He has 19 years of experience in various Agriculture business segment like Export, Retail sourcing operation and Agri Inputs marketing.

Prior to starting Magnus Farm, he worked with nationally and internationally renowned organizations such as DuPont, ITC, SGS, Seven Star Fruits (Mahyco). The appointment of Mr. Laxman Ashok Savalkar as an Additional Non--Executive, Non--Independent Director of the Company is with effect from February 11, 2023. He has not been debarred from holding the office of Director by virtue of any SEBI order or any other such Authority.

With effect from February 11, 2023. Laxman Ashok Savalkar -- Founder Graduated in Agriculture Bio Technology and Master in MS Food Technology from the Greenwich University London, UK. He has 12 years of experience in various Agriculture & Processing industry with expertise in Sourcing, Planning, Operation and Food Safety.

He worked in London for 3 years in Food Processing industry. The board also approved resignation of Mr. Harsh Parikh, Non-Executive, Non--Independent Director of the Company has Vide letter dated 04th February, 2023, resigned from the Board of the Company with effect from 11th February, 2023 (close of business hours), due to change in management and control of the company, as a result of Open Offer subsequent to the Share Purchase Agreement dated 17th November, 2022. Mrs. Sharmila S. Chitale, Non-Executive, Independent Director of the Company has Vide letter dated 04th February, 2023, resigned from the Board of the Company, with effect from 11th February, 2023 (close of business hours), due to Personal reasons.

Mr. Hemant K. Shah, Non-Executive, Independent Director of the Company has vide letter dated 04th February, 2023, resigned from the Board of the Company, with effect from 15th February, 2023 (close of business hours), due to Personal reasons.