In terms of provision of Regulation 30 (read with Part A of Schedule III) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, this is to inform you that the Board of Directors, at its Meeting held on April 11, 2024 has re-appointed Mr. Pankaj Shah (DIN: -00945911) as Managing Director of the Company for a period of 5 years w.e.f. April 01,2024, subject to the approval of the Shareholders of the Company at the Ensuing Annual General Meeting.