In reference to the cited subject we wish to inform that the second term of Shri Ramesh Chandra Jain (DIN: 00038529) as an Independent Director of the Company has been completed on 1st of May 2023. Shri Ramesh Chandra Jain was appointed for the second term of 2 years on 2nd May 2021 upto 1st May 2023. Accordingly he ceases to be an Independent Director of the Company with effect from 2nd May 2023.