Gujchem Distillers India Limited at the meeting of the Board of Directors of the Company was held on June 18, 2022, considered and accepted the Resignation of Mr. Samir Rohitbhai Shah from the position of Managing Director of the Company. Considered and Appointed Mr. Sharad Agarwal as Chief Executive Officer (C.E.0.) of the Company for the period of 3 (three) years with effect from July 01, 2022 subject to necessary approvals.