SIP Industries Limited at its AGM held on January 8, 2024 has approved the regularization of following directors, who were appointed as additional directors of the company by the board, and their change of designations who holds office up to the date of this annual general meeting. Mr. Samiayya Arularasan, Change in designation - Additional Director of the company in the category of Managing Director. Date of appointment: January 8, 2024.

Mr. Samiayya Arularasan is an advocate by profession who was of practicing in Madras High Court until assuming the position and also has four years of experience in Supreme Court practice. He is very much interested in agriculture and traditional methods of farming. Mr. Nangavaram Mahadevan Ranganathan, Change in designation - Additional Director of the company in the category of Non-Executive and Non - Independent.

Date of appointment: January 8, 2024. Mr. Nangavaram Mahadevan Ranganathan is a Senior Practicing Legal professional with multiple Accounting qualifications. He has significant management experience for decades through stints in listed IT/shipping companies and agricultural sectors.

Besides, he has appreciable exposure in stocks & derivatives market. At Present, he is engaged as legal & management consultant and he is in-charge of a large construction & Publishing Group. Mrs. Lakshmiprabha Kasiraman, Change in designation - Additional Director of the company in the category of Non-Executive and Non - Independent.

Date of appointment: January 8, 2024. Ms. Lakshmiprabha Kasiraman is having a university degree in Science from Madurai Kamaraj University, Madurai. She has done many other technical training programs in the field of Computer Software.

She is a certified Scrum master and Business process & Project Implementation consultant. She led a team that developed Embedded System software for an Anaesthesia Machine for a company in The Netherlands. The project was successfully completed at the given time frame.

Project was carried out at the incubation facility of STPI, Chennai and the other premises of Hard Cube. Her span of knowledge and experiences could be effectively utilized in the area of Digital Transformation, Design Thinking, Transparent functioning of Corporate, Defining Congenial work environment for women and to address the ESG aspects of existing and new projects.