Nandan Denim Limited at its board meeting held on May 29, 2023, informed that Ms. Falguni Vasavada has tendered her resignation as an Independent Director of the Company effective 29 May, 2023 due to her preoccupation. The board also approved to appoint Ms. Nalini Nageswaran as an Additional Director in Independent Capacity (Independent Director) of the Company effective 30 May, 2023. The Board.

has reconstituted the various committees of the Board as per the provisions of Companies Act 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 in the following manner: Audit Committee: Mr. Kirit Joshi Chairperson | Non-Executive Independent Director, Mr. Giraj Mohan Sharma: Member Non-Executive Independent Director; Ms. Nalini Nageswaran; Member Non-Executive Independent Director, Mr. Jyotiprasad Chiripal; Member Executive Director. Nomination & Remuneration Committee: Mr. Kirit Joshi Chairman | Non-Executive Independent Mr. Giraj Mohan | Sharma; Member, Non-Executive Independent Director, Ms. Nalini Nageswaran | Member Non-Executive Independent Director. Risk Management Committee: Mr. Jyotiprasad Chiripal | Chairperson | Executive Director, Mr. Shaktidan Gadhavi | Member Executive Director, Ms. Nalini Nageswaran | Member Non-Executive Independent Director.