The Indian Card Clothing Company Limited informed that the Board of Directors of the Company in its meeting held on April 7, 2023, has noted resignation of Mr. Chandrakant Dattatray Patil, Chief Financial Officer (Whole-time Key Managerial Personnel). Accordingly, Mr. Chandrakant Patil will be relieved from the services of the Company from the close of business hours on April 7, 2023. The Company is in the process of finalizing a candidate to be appointed as "Chief Financial Officer" (Whole-time Key Managerial Personnel) in place of Mr. Chandrakant Patil and shall make necessary disclosures upon appointment of the new Chief Financial Officer.

During this interim period, Mr. Harshal Wani, Sr. Manager Accounts & Finance will be looking after the Finance & Accounts function of the Company.