Tejas Networks Limited announced that at its board meeting held on March 19, 2024, approved the following: Mr. Chandrashekhar Bhaskar Bhave, Non-Executive-Independent Director of the Company completes his first term of five years as an Independent Director of the Company on March 24, 2024. Mr. Chandrashekhar Bhaskar Bhave ceases to be the Director of the Company with effect from closing of business hours on March 24, 2024. Mr. Chandrashekhar Bhaskar Bhave expressed his desire not to seek re-appointment, though eligible, for a second term as Independent Director of the Company on account of personal reasons.

Consequently, he shall also cease to be the Chairman of Audit Committee and Member of Nomination and Remuneration Committee and Risk Management Committee of the Board; Mr. A S Lakshminarayanan, vide letter dated March 19, 2024 has tendered his resignation as Non-Executive, Non-Independent Director of the Company, with effect from closing of business hours on March 19, 2024. Consequently, he shall also cease to be the Member of Audit Committee of the Board. The Board has reconstituted the following Committees with effect from March 25, 2024: Audit Committee: Mrs. Alice G Vaidyan, Chairperson; Prof. Bhaskar Ramamurthi, Member; Mr. P R Ramesh, Member.

Risk Management Committee: Mr. P R Ramesh, Chairperson; Mrs. Alice G Vaidyan, Member; Prof. Bhaskar Ramamurthi, Member. Nomination and Remuneration Committee: Mr. P R Ramesh, Chairperson; Mr. N G Subramaniam, Member; Prof. Bhaskar Ramamurthi, Member.