ISMT Limited at its board meeting held on March 10, 2022, approved the appointment of Mr. Rahul Kirloskar as Additional Director (Non-Executive, Non-Independent Category) designated as Chairman of the Board, Mr. Ravindranath Gumaste as Additional Director (Non-Executive, Non-Independent Category) designated as Vice Chairman, Mr. Nishikant Balakrishna Ektare as Additional Director designated as Managing Director and Mr. Venkataramani Sathya Moorthy as Additional Director, (Independent Category) with effect from March 10, 2022. Also announced the resignation of Mr. Baldevraj Taneja, Managing Director, Mr. Omprakash Kakkar, Chairman, Non-Executive and Non-Independent Director and Ms. Deepa Mathur, Non-Executive Non-Independent Director on March 10, 2022.