The Nomination and Remuneration Committee and the Board of Directors of the Company have approved the appointment of Dr. Ram Sewak Sharma (DIN: 02166194), for an initial term of 5 (Five) years commencing from 1st March, 2025.His appointment is subject to approval by members of the Company, through Postal Ballot process. The cut-off date decided for the purpose is 7th March, 2025.