Kovalam Investment and Trading Co. Ltd., at its Board 'of Directors meeting held on April 4, 2019 appointed Mr. Mohinder Kumar Jain as Manager and Ms. Jyoti Sud as Chief Financial Officer of the Company with effect from April 4, 2019. Mr. Mohinder Kumar Jain has a vast experience of more than 30 years in the field of administration and Ms. Jyoti Sud, who is appointed as CFO, is, from Institute of Chartered Accountants of India and has approx.

7 years of experience.