The Board of Directors of the Company at its meeting held today May 30 2022 has inter alia based on the recommendation of the Nomination and Remuneration Committee and subject to the approval of the members in the forthcoming Annual General Meeting has approved the re-appointment of Mr. P. Sarath Chandra Reddy as Whole-time Director of the Company for a period of 3 years with effect from June 1 2022. He is related to Mr. P.V. Ramprasad Reddy Director of the Company.