Sharda Motor Industries Limited informed that Mr. Divyang Jain, ceased to be compliance officer of the Company, with effect from the end of the business hour of September 30, 2022 due to resignation. His successor shall be appointed in the due course and the same shall be intimated to the Stock Exchange(s) accordingly. In the interim, Mr. Nitin Vishnoi Executive Director & Company Secretary, has designated as Compliance Officer with effect from the closure of the business hour of September 30, 2022.

Mr. Nitin Vishnoi Executive Director & Company Secretary, has designated as Compliance Officer in the place of Mr. Divyang Jain who has ceased to be compliance officer of the Company due to his resignation. Shri Nitin Vishnoi is a fellow member of Institute of Company Secretaries of India and also holds a Bachelor's degree in Commerce with Honours. He has an overall work experience of more than 30 years and expertise in the field of Corporate Restructuring, Compliance Management and Corporate Governance.