Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations andDisclosure Requirements) Regulations 2015 we wish to inform you that the Board of Directors of theCompany at their meeting held today i.e. Tuesday May 03 2022 had considered and approved thefollowing: a) Resignation of Mr. Nikhil Munna Lodh (DIN: 07857458) from the post of Director ChiefExecutive Officer and Chief Financial Officer of the Company w.e.f. April 27 2022 (received onMay 02 2022) due to other commitments. Further Mr. Nikhil Munna Lodh has not mentioned anymaterial reasons for his resignation besides his preoccupation with his other commitments. (Acopy of the resignation letter is enclosed as Annexure-1)b) Re-designation of Ms. Taniya Ravindra Kolhatkar (DIN:09299839) as a Managing Director in thecategory of Executive Director for a tenure of 5 (Five) years w.e.f. 03.05.2022 subject to the approval of the members of the Company in the next General Meeting.