CRP Risk Management Limited approved the appointment of Mr. Hemant Gada, who was appointed as an Additional Director by the Board of Directors in their meeting held on 14th November in the postal ballot, 2018 and in respect of whom the Company has received a notice in writing from a member under section 160 of the Companies Act, 2013 signifying his intention to propose Mr. Hemant Gada as a candidate for the office of Director, be and is hereby appointed as an Independent Director of the Company to hold the office for a term up to 13th November, 2023 and that his office shall not be liable to retirement by rotation.