Ajel Limited at the Board of Directors Meeting held on October 21, 2023, approved the resignation tendered by Mr. Balarami Reddy Chintakuntla, Chief Financial Officer of the Company i.e., October 21, 2023 effective from close of business hours on October 21, 2023. Mr. Balarami Reddy Chintakuntla has resigned on account of personal reason and other professional commitments. The company appointed of Ms. Harshana Antharaji, Whole-time director, as Chief Financial Officer and Key Managerial Personnel of the Company effective from October 21, 2023.

Harshana Antharaji is a seasoned finance professional with a proven track record of excellence. With a strong educational background and extensive experience, she has been avital contributor to Ajel Limited's financial management and strategy. Her appointment as the Chief Financial Officer (CFO) is a testament to her dedication, knowledge, and commitment to the company.

Harshana Antharaji holds an MBA (Finance) degree from Jain University, Bangalore, where she achieved the prestigious distinction of being a gold medallist in her field. Her academic accomplishments are a testament to her outstanding proficiency in finance and management. Harshana Antharaji joined Ajel Limited shortly after completing her MBA.

Over the years, she has consistently demonstrated her expertise in financial matters, contributing significantly to the company's growth and success. Her hands-on approach to financial management has made her an indispensable asset to the organization. Financial Expertise: Harshana Antharaji possesses a deep understanding of financial principles, allowing her to make well-informed decisions that support the company's financial health.

Strategic Vision: She has played a pivotal role in shaping and executing financial strategies that align with Ajel Limited's corporate goals and long-term vision. Results-Oriented: Her dedication and focus on achieving results have consistently led to improved financial performance, cost efficiency, and profitability for the company. Team Leadership: Harshana Antharaji is known for her exceptional leadership skills, fostering a collaborative and high-performing finance team.

Compliance and Governance: She ensures that the company adheres to all relevant financial regulations and maintains the highest standards of corporate governance. Harshana Antharaji appointment as CFO is a natural progression in her career at Ajel Limited. Her combination of academic excellence, extensive experience, and a strong track record in finance makes her the ideal candidate to lead the company's financial operations.

Her dedication to the organization's success and strategic vision positions her well for continued growth and achievement in her new role.