The Board Meeting of the Elixir Capital Limited was held on 21 March, 2024, approved the Appointment of Mr. Shail Kapadia as an Independent Director (Additional Director) for a term of 5 years with effect from 1st April, 2024 in place of Mr. Dilip Kapadia, Independent Director. Mr. Shail Kapadia is a qualified practicing Chartered Accountant. He has taken over the role of expanding the firm Specialization in Money Laundering Frauds, Employee Frauds, Bank Frauds and ASM's Experience in Internal Audits across various Sectors such as Manufacturing, Service Sector, Ports, Textiles, Hospitality, etc.

which help in understanding the nerves of business functions. He has 6 years' experience of various industry sectors in field of Audits such as Forensics Audits, Process Audits and Internal Audits Mr. Dilip Kapadia has completed his second term as an Independent Director of the Company on 31st March, 2024. Accordingly, he shall cease to be an Independent Director of the Company.