The Exchange is hereby informed that the Board of Directors OF the Company at their meeting held today on the Recommendation of Audit Committee have approved the Re-Appointment of M/s. S.K. Patodia and Associates LLP, as Statutory Auditor of the Company for Period of 5 Consecutive Years (Second Term) from the Conclusion of 40th AGM till the 45th AGM subject to approval of members of the company.