Xchanging Solutions Limited announced that Mr. Venkatesh Shastry Venkatasubba Ramanandashastry, Director of the Company has vide his resignation letter dated 5th May, 2022, resigned from the Board of the Company with immediate effect, on account of personal reasons and other professional commitments. The resignation letter with reasons as indicated is enclosed herewith. Mr. Venkatesh Shastry has confirmed in his resignation letter that there are no material reasons for his resignation other than those which are mentioned in the letter.