The board of directors of Goldstone Technologies Limited meeting held on August 10, 2023, approved the change in role of Mr. Srinivas Chilukuri from the position of CEO to enable him to focus on building new product development in the field of emerging Technologies like Artificial Intelligence etc. His role and designation would be decided by the board after receiving the detailed product development plan. Mr. Srinivas Chilukuri shall cease to be the Chief Executive Officer (CEO) and Whole Time Key Managerial Personnel (KMP) of the Company with effect from August 10, 2023.