The Board also approved appointment of Naresh Pachisia (DIN: 00233768) as an Independent Director of the Company for a period of 3 years w.e.f. 1 April 2021 in place of Santanu Ray (DIN: 00642736), whose present (second) term expires on 31 March 2021. Santanu Ray shall serve as an Independent Director on the Board of the Company till 31 March 2021.