Incredible Industries Limited announced that Approved the cessation of Mr. Ajay Bhuwania from the post of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company with an immediate effect i.e. from the conclusion of this Board Meeting held on 7 December, 2022 due to his poor health condition and discharge/relieved him from all his duties as CFO and KMP of the Company. Consequent to the above and based on the recommendation of Nomination and Remuneration Committee ("NRC") and approval of the Audit Committee, had approved the appointment of Mr. Amit Agrawal as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company pursuant to the applicable provisions of the Companies Act, 2013 with an immediate effect i.e. from the conclusion of this Board Meeting held on 7 December, 2022. Mr. Amit Agarwal, aged about 39 years is a Commerce Graduate from Calcutta University and a qualified Company Secretary.

He is having an experience of 16 years in the field of Finance, Accounts, Taxation and Commercials. He is having specialization in the fields of Finance and Accounts. He had worked with various organizations during his career span of 16 years and handled diversified work profile and played an important role in its organization and performed as a team member.