Jai Corp. Limited informed that inform that Mr. Pramod Kumar Jaiswal, Chief Financial Officer (CFO) of the Company, has tendered his resignation from the services of the Company of due to personal reasons, which has been accepted by the Company. He will continue to hold his current position of CFO until close of business hours of October 31, 2022.

Mr. Pramod Kumar Jaiswal has confirmed that there are no other material reasons for his resignation. Mr. Pramod Kumar Jaiswal will also cease to be a Key Managerial Personnel under Regulation 30(5) of the Listing Obligations and Disclosure Requirements) Regulations, 2015 for determining the materiality of any event or transaction for making the required disclosures to the Stock Exchange effective from October 31, 2022.