The Board of Directors of the Company has in its meeting held today i.e. Saturday, March 30, 2024, inter alia considered and approved the appointment of Mr. Yogesh Thakkar (DIN: 00043588) as an Additional Director (till the next general meeting or for a period of three months from the date of appointment, whichever is earlier) designated as Non-Executive Independent Director, not liable to retire by rotation, for a tenure of 5 consecutive years commencing from April 1, 2024 to March 31, 2029, subject to approval of the shareholders and Gujarat Maritime Board (GMB).