This is to inform you that the Board of Directors of the Company at its meeting held today, i.e., June 23, 2025, based on the recommendation of the Nomination & Remuneration Committee, considered and approved the re-appointment of Mr. Niraj Mehta as an Independent Director on the Board of the Company, for a second term of 5 years w.e.f., July 17, 2025, subject to approval of the shareholders.