Acrow India Limited informed that based on the recommendation of Nomination & Remuneration Committee, the Board of Directors of the Company at its meeting held on 19th December, 2022, have subject to the approval of the shareholders of the Company, approved the following appointment of directors: Appointment of Mr. Gopal Agrawal as a Managing Director ­ Additional Executive Director of the Company effective from December 19, 2022 for a term of three years including and upto December 18, 2025; Appointment of Mr. Shyam Agrawal as a Whole-Time Director ­ Additional Executive Director of the Company effective from December 19, 2022 for a term of three years including and upto December 18, 2025; Appointment of Mrs. Sarika Abhijit Kulkarni as a Women Independent Director ­ Additional Non-Executive Director of the Company effective from December 19, 2022 for a term of five years including and upto December 18, 2027; Appointment of Mr. Kashinath Iyer Ganpathy as an Independent Director ­ Additional Non- Executive Director of the Company effective from December 19, 2022 for a term of five years including and upto December 18, 2027; Appointment of Mr. Devinder Gurusharan Khurana as an Independent Director ­ Additional Non-Executive Director of the Company effective from December 19, 2022 for a term of five years including and upto December 18, 2027. Mr. Shyam Agrawal has completed his Post-Graduation in Commerce (M.Com.) and has a rich experience of more than 2 decades in the corporate sector. He holds directorship in various closely held companies and is having good financial & analytical skills and is looking after finance, accounts & legal aspects of those companies.

Mrs. Sarika Kulkarni is a Fellow Company Secretary having membership number F8478 with the Institute of Company Secretary of India. She has a rich experience of over a decade in the areas of practicing Corporate Law and a certified FEMA Consultant. She also has an experience in the areas of Corporate Social Responsibility and Foreign Direct Investment and Overseas Direct Investment.

She has recently launched Enviromaa Foundation, Section 8 Company with the vision to work towards Environment Conservation and women & children's welfare. Mr. Kashinath Iyer Ganpathy is a Commerce Graduate from Madras University. He has an in- depth knowledge in the field of Accounts and is well versed with the Accounting Standards.

He has an experience of over 4 decades in the field of Finance, Accounts, Income tax, Service tax, Excise Act, Custom Act, Sales Tax, GST Company Law Matters, Listing requirement, Investors Grievances. He also has an exposure in the field of Insurance, Factory Act and other allied Acts. He is also an Independent Director in Nath Industries Limited.

Mr. Devinder Gurusharan Khurana is a qualified Chartered Financial Analyst (CFA, USA). He has a rich experience of over 2 decades (more than 25 years) in the corporate world. He was a former manager at the State Bank of Hyderabad and has an exposure in the fields of Finance, Accounts, Taxation and Corporate Re-structuring.

He is also well versed with the International Taxation Laws. He holds directorship in various private limited companies. Mr. Gopal Agrawal has completed his Post-Graduation in Commerce (M.Com.).

He has a rich experience of more than 2 decades (23 years) in the corporate sector. He holds directorship in various closely held companies in the cotton industry. He is also associated in the business of Real Estate and Food Products.

He also posses great management skills and entrepreneurship skills.