On July 27, 2022, the Board of Directors of Lytus Technologies Holdings PTV. Ltd. accepted the resignation of Mr. Gurdial Singh Khandpur, a member of the Board, in accordance with India law, from the Board and all committees thereof. Mr. Khandpur's has expressed his inability to act as a director of the Board and all committees thereof, due to personal reasons.

As permitted by India law, Mr. Khandpur's resignation will be effective retroactively as of June 14, 2022. Mr. Khandpur served as a member of the Board's Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee. On July 27, 2022, the Board appointed Mr. Rajeev Kheror as a member of the Board, to fill in the Board seat vacated by Mr. Khandpur.

Mr. Rajeev Kheror, age 58, is a digital, broadcasting and film business expert with thirty years of international media industry experience. He has built 17 digital and broadcasting platforms worldwide and led the custodianship for 1.3+ billion viewers. From 2019 to the present, Mr. Kheror has been self-employed.

From 2017 to 2019, Mr. Kheror served as President-USA and Latin America at TV Asia USA Ltd. From 2012 to 2017, Mr. Kheror served as President-International Business at Zee Entertainment Enterprises Ltd. He is currently a presiding judge for global awards, advisor to international film festivals, a world cinema columnist and a media business strategy consultant. He is a member of the Television Academy of Arts & Sciences and a gold medalist from the Asian Academy of Film & Television.