APAR Industries Limited has received a letter from Smt. Nina Kapasi (DIN: 02856816), stating that her second and final term as an Independent Director will conclude on May 29, 2024 and thereafter as per law, she shall cease to be an Independent Director (Non- Executive) of the Company w.e.f. the closure of business hours on May 29, 2024. consequently she also ceased to be Chairperson of Audit committee and member of Corporate social responsibility committee, Nomination and Compensation cum Remuneration committee and Risk management committee.

which shall also become effective from the May 29, 2024.