Sub: Appointment of Mr. Vikas Balia as an Independent Director of the Company

Pursuant to Regulation 30 of SEBI(Listing Obligations and Disclosure Requirements) Regulations 2015, we hereby inform you that the Board of Directors based on the recommendation of the Nomination and Remuneration Committee have appointed Mr.Vikas Balia (DIN: 00424524) as an Independent Director, with effect from 19th July, 2019 for a tenure of 5 years.

Enclosed herewith are the brief details in the prescribed format as per Annexure A.

Further, it is confirmed that Mr. Vikas Balia is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.

Thanking You.