Sylph Technologies Limited informed that the Board of Directors of the Company at its Board Meeting held on 7th February, 2023, have considered and approved the resignation of Mr. Amarlal Arjandas Kukreja, Managing Director of the Company due to pre-occupation, with effect from close of work on 7 February, 2023 and upon recommendation of the Nomination and Remuneration Committee and subject to the approval of the Members of the Company, Mr. Pranay Vaid (DIN: 09816710) appointed as the Managing Director of the Company for the Period of Five years with effect from 7th February, 2023. Mr. Pranay Vaid has Completed MBA in Finance and having more than 5 years of Experience in Business Management.