This is to inform you that by resolutions of the Board of Directors, passed by circulation on May 21,2019, the following matters have been noted and approved by the Board of Directors of the Company:-

1) Resignation of Mrs. Ramni Nirula as Director of the Company w.e.f. May 20, 2019, due to her pre-occupation and personal commitments. (Mrs. Nirula has confirmed that there is no other material reason for her resignation).

2) Appointment of Ms. Arundhuti Dhar (Din No. 03197285) as an Independent Director (Additional Director) of the Company for a period of five years effective May 21, 2019, subject to approval of the members at the next General Meeting of the Company.

The brief profile of Ms. Arundhuti Dhar is enclosed herewith as Annexure A.