Khandwala Securities Limited announced that the Board of Directors at its meeting held on 31 January, 2024 announced that Mr. Shyam Muralidhardas Seshadri has tendered his resignation as an Independent Director of the Company with effect from close of business hours on January 31, 2024. Re-constitution of the following Committee's of the Board: Audit Committee: Mr. Homiar N. Vakil (Chairman) Non-Executive, Independent Director. Mr. Kalpen Shukla (Member) Additional Director (Non-Executive, Independent) Mrs. Bhagyashree Khandwala (Member) Non-Executive Director.

Nomination and Remuneration Committee: Mr. Kalpen Shukla (Chairman) Additional Director (Non-Executive, Independent). Mr. Homiar N. Vakil (Member) Non-Executive & Independent Director. Mrs. Bhagyashree Khandwala (Member) Non-Executive Director.

Stakeholders Relationship Committee: Mr. Homiar N. Vakil (Chairman) Non-Executive & Independent Director. Mr. Kalpen Shukla (Member) - Additional Director (Non-Executive, Independent). Mr. Paresh Khandwala (Member) Managing Director.