Gujarat Petrosynthese Limited announced Change in designation of Mr. Phiroz Munshi as Independent Director on the Board of Directors of the Company Date of Change: September 15, 2023. Term of Appointment: 5 Years, i.e., August 9, 2023 to August 8, 2028. Mr. Phiroz Munshi is an M Com and has over 50 years of business experience in the fields of banking, metal and petrochemical industries.

He has also been associated with GPL having held various posts at the subsidiary - Gujarat Polybutene Pvt Ltd(GPPL) including the post of President of GPPL. He has expertise in finance, operations, general management, human resource management and industrial relations. Change in designation of Mr. Nuthakki Rajender Prasad as Non - Executive Non - Independent Director on the Board of Directors of the Company.

Date of Change: September 15, 2023. Term of Appointment: 5 Years, i.e., August 9, 2023 to August 8, 2028. Mr. Nuthakki Rajender Prasad, MSc - Chemical Engineering, USA is an entrepreneur and promoter.

He has wide knowledge and expertise in the magnesium, industrial gases and electrodes industry. He has over 30 years' experience in business process/operations, general management and administration, negotiation and strategic planning.