Approved appointment of D P Agarwal, existing Vice Chairman and Managing Director as the Chairman of the Company with effect from 1 April, 2019 in view of the resignation of S M Datta, the outgoing Chairman.

Approved appointment of S Madhavan as an Additional Director in the capacity of Non-Executive Independent Director, subject to shareholders' approval in due course, to fill the vacancies arising out of aforementioned 02 independent directors.