Dhruv Consultancy Services Limited announced that the Board of Directors of the Company at its meeting held on July 5 2023, accepted the resignation of Mrs. Shaila Patil and Mr. Dhanyakumar Mahamuni as Non-Executive-Independent Director(s) of the Company with effect from close of business hours on July 5, 2023 due to the reasons as mentioned in the annexure. Both the Independent Directors have confirmed that there is no other material reasons other than the one stated herein, for their resignation(s) from the Company. Please also take on record the below mentioned details of committees reconstituted by the Board of Directors of the Company, after considering the respective resignation(s) of Non Executive Independent Director(s), the composition of the Committees as on July 5, 2023 will be as detailed below: Audit Committee consists of the following members: Sudhir A. Shringare, Independent Director (Chairman of the Committee); Pandurang B. Dandawate - Member; Ashokkumar Nagesh Katte -- Member; Nomination and Remuneration Committee consists of the following members: Sudhir A. Shringare, Independent Director (Chairman of the Committee); Pandurang B. Dandawate --- Member; Ashokkumar Nagesh Katte -- Member; Stakeholders' Relationship Committee consists of the following members: Ashokkumar Nagesh Katte, Independent Director (Chairman of the Committee); Pandurang B. Dandawate --- Member Sudhir A. Shringare -- Member; Corporate Social Responsibility Committee consists of the following members: Jayashree P. Dandawate, (Chairperson of the Committee); Pandurang B. Dandawate --- Member; and Saleem K Wadgaonkar - Member.

Mr. Ashokkumar Nagesh Katte, Non Executive, Independent Director has been appointed as Chairman of the Board of the Company w.e.f. July 5, 2023, in place of Mr. Dhanyakumar Mahamuni who has resigned as Non-Executive-Independent Director.