Karnika Industries Limited at its board meeting held on March 30, 2024 approved appointment of Mr. Shashikant Soni (DIN: 10570038) as an additional independent director to hold office till the conclusion of the upcoming Annual General Meeting of the company. Date of appointment of is March 30, 2024. Field of Experience: The Independent director has 7 years of experience in Technology building and has worked with Reliance Industries Limited.

The BOD has reconstituted certain committees with effect from March 30, 2024, Stakeholder Relationship Committee: Mr. Shashikant Soni, Chairman, Mrs. Kirti Taparia, Member, Mrs. Kirti Mundhra, Member and Mr. Shiv Shankar Mundhra, Member. Nomination and Remuneration Committee: Mr. Shashikant Soni, Chairman, Mrs. Kirti Taparia, Member and Mrs. Kirti Mundhra, Member. Audit Committee: Mr. Shashikant Soni, Chairman, Mrs. Kirti Taparia, Member and Mrs. Kirti Mundhra, Member.

CSR Committee: Mr. Mahesh Kumar Mundhra, Chairman, Mr. Shashikant Soni, Member, Mrs. Kirti Taparia, Member and Mrs. Kirti Mundhra, Member.