The Board of Directors of Generic Pharmasec Limited at its meeting held on March 03, 2020 considered and approved resignation of Mr. Denish Ruparel from the post of Non - executive Independent Director of the company and consented to relieve him of his responsibilities with effect from March 3, 2020. The board approved appointment of Mr. Sachin Aphandkar, as an Additional Director (Non -Executive Independent) on the Board of the Company with effect from March 03,2020 to hold office till the conclusion of the next Annual General Meeting and subject to the approval of the members in the upcoming General Meeting, for appointment as an Independent Director to hold office for a term upto 5 (five) Consecutive years from March 3, 2020.