The meeting of Board of Directors of The Bombay Dyeing and Manufacturing Company Limited held on April 1, 2021 the following transpired. In keeping with the objective of professionalization of the management, Mr. Jeh Wadia, MD of The Bombay Dyeing and Manufacturing Company Limited has stepped down and will not be renewing his contract as Managing Director of the company which has expired on March 31, 2021. In the interim, the day-to-day management of the Company will be looked after by Mr. Suresh Khurana, CEO (PSF) along with Mr. Hitesh Vora, CFO under the supervision of Dr. Minnie Bodhanwala, a Director.