SRF Limited at its board of directors meeting held on February 4, 2019, approved the resignation of Mr. Vinayak Chatterjee as Non-executive Independent Director of the company effective from close of business hours of March 31, 2019. Mr. Chatterjee has requested to be discharged of this duties as a Director as he has been a Director for around 17 years and although his continuance is as per applicable laws but he is resigning to follow the corporate governance norms in spirit. Mr. Chatterjee has confirmed that there is no other material reason for his resignation other than as stated above.

The company also announced resignation of Mr. Pramod Bhasin as Non-executive Independent Director of the company effective from close of business hours of February 04, 2019. Mr. Bhasin requested to be discharged of his duties as a Director due to preoccupation. Mr. Bhasin has confirmed that there is no other material reason for his resignation other than as stated above.

The company also approved the appointment of Ms. Bharti Gupta Ramola as Additional Director (Independent), effective February 04, 2019. Her term of appointment as an Additional Director (Independent) shall be upto the next Annual General Meeting. The company also announced appointment of Mr. Puneet Yadu Dalmia as Additional Director (Independent), effective April 1, 2019.

His term of appointment as an Additional Director (Independent) shall be up to the next Annual General Meeting. The company also announced appointment of Mr. Yash Gupta as Additional Director (Independent), effective from April 1, 2019. His term of appointment as an Additional Director (Independent) shall be upto the next General Meeting.

The undersigned, Mr. Anoop K Joshi, President Chief Financial Officer & Company Secretary (Key Managerial Personnel) of the company is retiring from close of business hours of March 31, 2019. Mr. Rahul Jain is being appointed as the Chief Financial Officer (Key Managerial Personnel) of the Company, effective from April 1, 2019. Mr. Rajat Lakhanpal is being appointed as the Company Secretary (Key Managerial Personnel) of the Company and also appointed as Compliance Officer in place of Ms. Ekta Maheshwari, effective from April 1, 2019.