The Board of Directors of Assam Entrade Limited in its meeting held on 05th September, 2023, based on the recommendations of Audit Committee has considered and approved/taken note of the following: 1. Appointment of Additional Director (Non-Executive, Independent): Mr. Anil Singh (DIN: 10242970) has been appointed as an Additional Director (Non Executive, Independent) on the Board of the Company with effect from 05th September, 2023, pursuant to Section 149, 150, 152 read with Schedule IV and Section 161(1) read with the Companies (Appointment and Qualification of Directors) Rules, 2014 and other applicable provisions thereof, subject to the approval of shareholders at the upcoming Annual General Meeting of the Company. Mr. Anil Singh is not related to any of the Directors of the Company. A brief profile of Mr. Anil Singh is as follows: Mr. Anil Singh is a member of the Institute of Chartered Accountants of India having experience of 24 years in the areas of Internal Audits of Corporate Sectors, Statutory Audit of Banking Sector, Corporate Sector & other business sector, Management Consultancy Services and as Financial Advisor.

Further, the disclosures as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 are enclosed herewith as Annexure I. 2. Appointment of Additional Director (Non-Executive, Independent): Mr. Praveen Agarwal (DIN: 10242628), has been appointed as an Additional Director (Non Executive, Independent) on the Board of the Company with effect from 05th September, 2023, pursuant to Section 149, 150, 152 read with Schedule IV and Section 161(1) read with the Companies (Appointment and Qualification of Directors) Rules, 2014 and other applicable provisions thereof, subject to the approval of shareholders at the ensuing Annual General Meeting of the Company. Mr. Praveen Agarwal is not related to any of the Directors of the Company.

A brief profile of Mr. Praveen Agarwal is as follows: Mr. Praveen Agarwal is a member of the Institute of Chartered Accountants of India having experience of 27 years in the areas of Taxation, Audit and General Consultancy. Further, the disclosures as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular NoCIR/CFD/CMD/4/2015 dated September 9, 2015 are enclosed herewith as Annexure I. 3. Appointment of Additional Director (Non-Executive, Independent): Mr. Robin Srivastava (DIN: 10135250) has been appointed as an Additional Director (Non Executive, Independent) on the Board of the Company with effect from 05th September, 2023, pursuant to Section 149, 150, 152 read with Schedule IV and Section 161(1) read with the Companies (Appointment and Qualification of Directors) Rules, 2014 and other applicable provisions thereof, subject to the approval of shareholders at the ensuing Annual General Meeting of the Company. Mr. Robin Srivastava is not related to any of the Directors of the Company.

A brief profile of Mr. Robin Srivastava is as follows: Mr. Robin Srivastava is a member of the Institute of Chartered Accountants of India having experience of 11 years in the areas of Audit, Finance and Taxation. Further, the disclosures as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 are enclosed herewith as Annexure I. 4. Resignation of Independent Director: Mr. Shailender Singh Kushwaha (DIN: 08858144) has resigned from the post of Independent Director of the Company with effect from 05th September, 2023 due to pre-occupation elsewhere.

Further, the Company has received confirmation from Mr. Shailender Singh Kushwaha that there are no other material reasons for his resignation other than those mentioned in his resignation letter. Further, the disclosures as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 are enclosed herewith as Annexure II.

5. Resignation of Independent Director: Mr. Anoop Kumar Gupta (DIN: 07164506) has resigned from the post of Independent Director of the Company with effect from 05th September, 2023 due to personal reasons. Further, the Company has received confirmation from Mr. Anoop Kumar Gupta that there are no other material reasons for his resignation other than those mentioned in his resignation letter. Further, the disclosures as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No.

CIR/CFD/CMD/4/2015 dated September 9, 2015 are enclosed herewith as Annexure II. 6. Resignation of Independent Director: Mr. Rajat Gupta (DIN: 07164534) has resigned from the post of Independent Director of the Company with effect from 05th September, 2023 due to personal reasons. Further, the Company has received confirmation from Mr. Rajat Gupta that there are no other material reasons for his resignation other than those mentioned in his resignation letter.