Board of Directors of Summit Securities Limited at its meeting held on February 06, 2024, approved the following: Retirement of Mr. Paras Mal Rakhecha, who will cease to be the Chief Financial Officer (CFO) of the Company with effect from closure of business hours on February 29, 2024; Appointment of Mr. Anand Rathi as Chief Financial Officer of the company with effect from March 01, 2024, considering the retirement of Mr. Paras Mal Rakhecha as Chief Financial Officer with effect from closure of business hours on February 29, 2024, based on the recommendations of the Nomination and Remuneration Committee and the Audit Committee. Mr. Rathi, Senior Manager-Accounts of the Company, is a qualified Chartered Accountant and having a Bachelor's degree in Science. Mr. Rathi is having more than Ten (10) years of Corporate Experience in the areas of Accounts, Finance and Taxation, etc.