Saptak Chem and Business Limited at its board meeting held on August 18, 2023 appointed Bhoomiben Patel and Sonal Gandhi as an Additional Non-Executive Independent Director of the company and accepted Resignation from Mr. Hiten Manilal Shah (DIN: 09520190) from the post of independent director of the company due to personal reasons. The appointment is effective August 18th, 2023, up to the date of upcoming Annual General Meeting of the Company. Mrs. Bhoomiben Patel has expertise in the field of business and management.

Sonal Gandhi (DIN: 07351479) has expertise in the field of business, Law and management. Saptak Chem and Business Limited at its board meeting held on August 19, 2023, appointed Ms. Bhoomi Patel and Mrs. Sonal Gandhi as member of Audit committee, Nomination and remuneration committee and Stakeholder relationship committee and Mr. Chirag Nanavati as Chairman of Stakeholder relationship committee. Audit committee: Mr. Chirag Nanavati as Chairman; Ms. Bhoomi Patel and Mrs. Sonal Gandhi as member.

Nomination and remuneration committee: Mr. Chirag Nanavati as Chairman; Ms. Bhoomi Patel and Mrs. Sonal Gandhi as member. Stakeholder relationship committee: Mr. Chirag Nanavati as Chairman; Ms. Bhoomi Patel and Mrs. Sonal Gandhi as member.