Ind-Swift Limited informed that Dr. Vinay Arora, has completed his second and final term of 5 (five) consecutive years as an Independent Director of the Company and consequently has ceased to be an Independent Director of the Company w.e.f. the close of business hours on March 6, 2024. Consequent to the Completion of the said second term of Dr. Vinay Arora, as an Independent Director of the Company, his membership and chairmanship in various committees of the Board also cease to exist.