This is to inform you that Board of Directors of the company has approved and passed the resolution by way of circulation for appointment of Mr. Aman Marodia (DIN: 08794697) as an additional director in the category of Non Executive Independent Director and retirement of Mrs. Priya Somaiya (DIN 07173195) and change in constitution of Audit Committee, Nomination & Remuneration Committee and Stakeholder Relationship Committee.