Integrated Proteins Limited announced that Mr. Arvind K. Shah has conveyed his intention to step down as the Managing Director effective from 1 April, 2023, due to his pre-occupancy and prior commitments however, he consented to continue as the `Non-Executive Director' of the company. The Board of Directors in its meeting held on March 31, 2023 approved his continued association as a Non- Executive Director and taken on record his contribution to the Company as the Managing Director. Consequently, he has ceased to be the Key Managerial Personnel as per the provisions of Companies Act, 2013 and as per Regulation 30(2) of SEBI(LODR) Regulation, 2015 for purpose of determining the materiality of an event or information effective from the above-mentioned date.