Board of Directors of Ballarpur Industries Limited at their Meeting held on June 20, 2023, inter-alia, has transacted the following items of business: Resignation of Sri Akhil Mahajan from the position of Company Secretary and Compliance Officer and also as the Key Managerial Personnel of the Company with effect from June 30, 2023 (end of Business Hours). Resignation of Sri Neehar Aggarwal from the position of Chief Executive Officer and also as the Key Managerial Personnel of the Company with effect from June 22, 2023 (end of Business Hours). Approved the Appointment of Sri Punit Bajaj as Company Secretary cum Compliance Officer of the Company with effect from July 1, 2023.

Sri Punit A. Bajaj, aged about 30 years, is Member of the Institute of Company Secretaries of India and a Commerce and Law Graduate. He has comprehensive and extensive experience of more than 7 years in dealing with secretarial and compliance management across organizations like Victora Auto and Digjam Limited. Prior to joining Ballarpur Industries Limited he has served as a Company Secretary and Compliance Officer of Digjam Limited.

Date of appointment: July 1, 2023.