Honeywell Automation India Limited informed that the Board of Directors of the Company at its meeting May 15, 2024 accepted and took on record resignation of Mr. Ashish Madhukar Gaikwad as the Managing Director as also a director of the Company and Key Managerial Personnel under the Companies Act, 2013, with effect from the close of business hours of May 15, 2024. The Board also placed on record it's appreciation for the valuable contribution made by Mr. Ashish Gaikwad during his tenure as a Director of the Company.