Rites: Intimation Of Appointment Of Independent Directors

In accordance with the Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we would like to inform you that Board of Directors of the company at its meeting held
today i.e. July 30 2019 has inter- alia approved the appointment of Mr. Anil Kumar Goel and Mr. Satish Sareen as Additional Directors (Independent).
It is further informed that Mr. Anil Kumar Goel and Mr. Satish Sareen were earlier appointed as Additional Directors (Independent) w.e.f. July 12 2019 through Resolution by Circulation of Board of Directors. The tenure of the above two Directors came to an end on July 30 2019 i.e. up to the date of Annual General Meeting as per the provisions of Section 161(1) due to which they are re-appointed again as Additional Directors w.e.f July 30 2019.
A brief profile of Mr. Anil Kumar Goel and Mr. Satish Sareen is annexed. It is further confirmed that none of the Directors are related to each other.