Pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we would like to inform you on the basis of the recommendations of the Nomination and Remuneration Committee, the Board of Directors of the Company at its meeting held today has, subject to the approval of the members of the Company, considered and approved the appointment of Mr. Shashi Raghavan Acharya (DIN: 09573686), as an Additional (Non-Executive - Independent) Director of the Company for a period 5 (five) years from 11th January, 2025 to 10th January, 2030. \r\n\r\nIn accordance with the circular dated 20th June 2018 issued by the stock exchange, we hereby confirm that Mr. Shashi Raghavan Acharya is not debarred from holding the office of the director by virtue of any SEBI order or any other such authority.