Announcement under Regulation 30 (LODR)-Change in Directorate

In terms of Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 as amended from time to time we wish to inform you that the Board of Directors of the Company by circular resolution passed on March 28 2020 have appointed Mr. Divakar Ganapati Kamath (DIN : 08730430) as an Additional Director of the Company with effect from April 1 2020 to hold office till next Annual General Meeting of the Company and shall be designated as Executive Director & Chief Financial Officer.

Details in terms of Circular CIR/CFD/CMD/4/2015 dated September 9 2015 for appointment of Mr. Divakar Ganapati Kamath (DIN : 08730430) are attached.