The Board of Directors of Godrej Consumer Products Limited at its meeting held on January 29, 2019 appointed Mr. Sumeet Narang as an Additional Director (also considered as an Independent Director under the provisions of the Listing Regulations and the Companies Act, 2013) for five years, with effect from April 1, 2019, subject to the approval of the shareholders. Mr. Sumeet Narang is not related to any of the Directors of the Company and is not debarred from holding the office of director by virtue of any order of Securities and Exchange Board of India (SEBI) or any other such authority. Sumeet is the Founder of Samara Capital, an India focused investment firm with strong focus on growth buyouts. Prior to founding Samara Capital in late 2006, Sumeet briefly worked at Goldman Sachs, New York in their Proprietary Investments Group. During 2001-04, he worked with Citigroup India across various functions based out of Delhi and Hyderabad. He also has worked with the Fiat group in Italy and India. Mr. Bharat Doshi has been associated with the Company as an Independent Director since 2001. Mr. Doshi has expressed his desire to retire on the expiry of his current term of appointment ending on 25th September, 2019.