On December 24, 2022, John E. Lynch, a Director of India Globalization Capital Inc. (the “Company” or “IGC”), passed away. Mr. Lynch had served as a director of the Company since January 11, 2021, and was a member of both the Company's Audit and Compensation Committees. On December 27, 2022, the Board of Directors (the “Board”) appointed former Congressman Jim Moran (“Congressman Moran”) as a member of both the Company's Audit and Compensation Committees, effective immediately.

Congressman Moran has been a Director of the Company's Board since January 18, 2022.