Pursuant to Regulation 30 of Listing Regulations, we wish to inform you that the Board has taken note of the resignation of Mr. GR Arun Kumar from the post of Whole-Time Director & Chief Financial Officer of the Company to pursue career outside of the Group.

The Company and Board takes this opportunity to appreciate the commitment and invaluable contribution made by him towards the Company's growth and its transformation journey during his tenure of close to 8 years and wishes him very best in his future endeavours.

The Company will announce the effective date of relieving of Mr. GR Arun Kumar and the details of the successor in due course and the same shall accordingly be intimated to the Stock Exchanges.