CIL Securities Limited at its board meeting held on October 28, 2021 announced the change in designation of Mr. Piyush Modi. Mr. Piyush Modi, at his request, is being relived from the position of the Executive Director of the company with effect from the close of the business hours of October 31, 2021 due to his preoccupation with other activities. He will continue to act as Non-Executive Director of the company.