Essar Securities Limited approved appointment of Mr. Srikar Gopalrao Kowlikar (DIN: 02116323) as an Additional Director, designated as independent Director, of the Company with effect from May 26, 2023. The Board of Directors of the Company took note of the resignation tendered by Mr. Somashekhar Basavaraj Malagi (DIN: 07626139) from the directorship and all the committees of the Company, effective from the closure of business hours of May 26, 2023.