The Board of Directors of S. E. Power Limited met on 04 September and have passed a resolution to the effect that appointment of Mr. Vaibhav Gupta shall be treated as null and void. Since Mr. Vaibhav Gupta was not eligible to be appointed, as an Independent Director on the Board of Directors of the Company, his appointment in the Board Meeting of the Company on 25 August 2020 is null and void and as such he shall not be deemed to be a director of the Company. The Board has further decided to appoint Mr. Pramod Agarwal as an Additional Independent Director of the Company.