Company Profile

Inter alia, considered and approved:- 1. Retirement of Mr. Rishab Mohan Gupta from the office of Whole time Director. The Board took note of the retirement of Mr. Rishab Mohan Gupta (DIN : 05259454) fromthe office of Whole time Director of the Company with effect from 9th February, 2024, upon expiry of his tenure of 3 consecutive years comm enced from 9th Feb ru ary, 2021 to 8 th February, 2024. 2. Resignation of Mr . Rishab Mohan Gupta (DIN: 05259454) from the office of Director: Mr. Rishab Mohan Gupta (DIN : 05259454) , has tendered his resignation from the office of Director of the Company with effect from 9th February, 2024, citing reason in the enclosed resignation letter dated 22 nd January, 2024. Consequently, he shall also cease to be the Member of Risk Management Committee of the Company as a consequence. 3. Appointment of Ms . Samara Gupta (DIN: 09801530) as an Additional Director as well as Whole time Director of the Company : In line with the requirement of Regulation, 17(1)(a) of the SEBI(Listi ng Obligati ons and Disclosure Requirements) Regulation, 2015, Ms . Samara Gupta , Vi ce President of the Company has been elevated to the Board and appointed as an Additional Director of the Company with effect from 9th February, 2024, to hold office up to the date of ensuing Annual General Meeting of the Company or till the date of obtaining the approval from the Shareholders of the Company for her appointment as Director in terms of Regulation 17 ( 1C ) of SEBI (LODR) Regulations, 2015, whichever is earlier. Further, on the recommendation of Nomination and Remuneration Committee of the Board , Ms . Samara Gupta , has been appointed as a Whole time Director of the Company for a period of three consecutive year commencing from 9th February, 2024 to 8th February, 2027, subject to the approval of the Shareholders by way of Special Resolution to be obtained through Postal Ballots bye-Voting process only. 4.Alteration of Articles of Association of the Company: The Articles of Association of the Company has been altered by deleting the existing Article No .95 (c) and substituting with the following new Article , subject to the approval of Shareholders of the Company by way of Special Resolution to be obtained through Postal Ballots bye-Voting process only Existing Article No .95(c) A person appointed as Chairperson or Chairman of the Company may be appointed as Managing Director as well as Chief Executive Officer of the Company so long as the Company is engaged in multiple business and each of the business is headed by a separate Chief Executive Officer, by whatever name called. New Article A person appointed as Chairperson or Chairman of the Company may be appointed as Managing Director as well as Chief Executive Officer of the Company. Further, the Board of Directors has resolved to seek approval of Shareholders of the Company through Postal Ballot by way of e-Voting process only on the aforesaid matter. The requisite details of Postal Ballot would be advised in due course.

Inter alia, considered and approved:- 1. Retirement of Mr. Rishab Mohan Gupta from the office of Whole time Director. The Board took note of the retirement of Mr. Rishab Mohan Gupta (DIN : 05259454) fromthe office of Whole time Director of the Company with effect from 9th February, 2024, upon expiry of his tenure of 3 consecutive years comm enced from 9th Feb ru ary, 2021 to 8 th February, 2024. 2. Resignation of Mr . Rishab Mohan Gupta (DIN: 05259454) from the office of Director: Mr. Rishab Mohan Gupta (DIN : 05259454) , has tendered his resignation from the office of Director of the Company with effect from 9th February, 2024, citing reason in the enclosed resignation letter dated 22 nd January, 2024. Consequently, he shall also cease to be the Member of Risk Management Committee of the Company as a consequence. 3. Appointment of Ms . Samara Gupta (DIN: 09801530) as an Additional Director as well as Whole time Director of the Company : In line with the requirement of Regulation, 17(1)(a) of the SEBI(Listi ng Obligati ons and Disclosure Requirements) Regulation, 2015, Ms . Samara Gupta , Vi ce President of the Company has been elevated to the Board and appointed as an Additional Director of the Company with effect from 9th February, 2024, to hold office up to the date of ensuing Annual General Meeting of the Company or till the date of obtaining the approval from the Shareholders of the Company for her appointment as Director in terms of Regulation 17 ( 1C ) of SEBI (LODR) Regulations, 2015, whichever is earlier. Further, on the recommendation of Nomination and Remuneration Committee of the Board , Ms . Samara Gupta , has been appointed as a Whole time Director of the Company for a period of three consecutive year commencing from 9th February, 2024 to 8th February, 2027, subject to the approval of the Shareholders by way of Special Resolution to be obtained through Postal Ballots bye-Voting process only. 4.Alteration of Articles of Association of the Company: The Articles of Association of the Company has been altered by deleting the existing Article No .95 (c) and substituting with the following new Article , subject to the approval of Shareholders of the Company by way of Special Resolution to be obtained through Postal Ballots bye-Voting process only Existing Article No .95(c) A person appointed as Chairperson or Chairman of the Company may be appointed as Managing Director as well as Chief Executive Officer of the Company so long as the Company is engaged in multiple business and each of the business is headed by a separate Chief Executive Officer, by whatever name called. New Article A person appointed as Chairperson or Chairman of the Company may be appointed as Managing Director as well as Chief Executive Officer of the Company. Further, the Board of Directors has resolved to seek approval of Shareholders of the Company through Postal Ballot by way of e-Voting process only on the aforesaid matter. The requisite details of Postal Ballot would be advised in due course.