Flora Corporation Ltd. announced that the Board of Directors of the Company at their meeting held on the March 25th, 2019 considered and accepted the resignation of the Independent Director Mr. Mahaveer Jain with effect from 21st February, 2019 vide the resignation letter dated 21st February, 2019. The Director had explained to the Board that due to his pre-occupations and his involvement in business assignments, he is unable to devote sufficient time to the affairs of the Company. Accordingly, he had submitted his resignation letter. The Board had taken note of the same and accepted the resignation. The Board on the record its appreciation for the assistance and guidance provided by him during his tenure as Director of the Company.