Kovalam Investment and Trading Company Limited announced that Faqir Chand Jandey, Non-Executive Independent Director of the Company has tendered his resignation from the said position on the Board of the Company with effect from 16th March, 2022 due to the fact that he could not qualify the online proficiency self-assessment test of Independent Director conducted by the Indian Institute of Corporate Affairs, Ministry of Corporate Affairs (Govt. of India) at Manesar.