Technofab Engineering Limited in its meeting of Board of Directors held on 15 January 2019, has approved the change in designation of following key managerial personnel, which are also subject to approval of Shareholders, The designation of Mr. Avinash Chander Gupta has been changed from Managing Director to Chairman & Whole-time Director with immediate effect on the existing terms & conditions. Accordingly he will hold Time office as Chairman & Whole-Time Director of the Company for his remaining tenure of his office viz. upto 31 March 2020.

The designation of Mr. Arjun Gupta has been changed from Whole-time Director to Managing Director with immediate effect on the existing terms & conditions. Accordingly he will hold office as Managing Director of the Company for his remaining tenure of his office viz. upto 31 March 2020.