Parker Agrochem Exports Ltd. at its board meeting held on 25 May, 2019, approved appointment of Mr. Natvarl al J. Acharya, as an Additional Director of the Company, effective 1 June, 2019. Mr. Sukhdevbhai R. Acharya ceased to be Managing Director as well as Director of the Company effective 1 June 2019 by virtue of cessation of his terms as Managing Director on 31 May, 2019 and also due to his resignation as Director of the Company effective 1 June, 2019. Mr. Natvarlal J Acharya has rich experience in various businesses of more than two decades.

He has got business acumen with respect to all functional areas of the Company).