SRM Contractors Limited informed that Mr. Thakur Krishan Singh, Chief Financial Officer(`CFO') of the Company has relinquished the position of CFO of the Company due to an offer for higher position within the company. He ceases to be a Key Managerial Personnel ('KMP') of the Company under the provisions of Section 203 of the Companies Act, 2013 with effect from April 22, 2024. He will continue to be a full-time employee as President Finance of the Company.

It is further informed that, the Board of Directors in their meeting held on April 22, 2024 has appointed CA Aashni Mahajan as the Chief Financial Officer and KMP with effect from April 23, 2024 as recommended by the Nomination and Remuneration Committee and based on approval of the Audit Committee of the Company. CA. Aashni Mahajan is a member of Institute of Chartered Accountants of India (ICAI), besides holding the esteemed qualification of Chartered Accountant, she has also done M.com from Jammu University.

She had also worked with Wipro for around 1.5 years before joining SRM Contractors Limited.