Khandelwal Extractions Limited announced that Mr. Atul Bagla (DIN: 00159563), an Non-Executive Independent Director of Audit, Nomination and Remuneration Committee, has resigned from the directorship due to his pre-occupancy, with effect From close of business hours of 30th September, 2023. The Board of Directors of the Company appreciates his valuable contribution and support made during his tenure as Independent Director of the Company. Resignation: Mr. Atul Bagla has tendered his resignation due to pre-occupancy and shall not be able to discharge the duties of the Independent Director of the Company.

Date of cessation: 30th September 2023 (end of Business Hours). Consequent upon the aforesaid resignation and reconstitution of other Committees in general, various Committee Composition are as follows with effect from 1 October, 2023: Nomination and Remuneration Committee: Name of Committee; Members Category; Date of Appointment; and Date of Cessation: Ashok Gupta: Non-Executive Independent Director, Chairperson; September 27, 2014. Prakhar Pandey: Non-Executive Independent Director, member; August 12, 2023.

Atul Bagla: Non-Executive Independent Director, member;September 27, 2014; with effect from September 30, 2023 after closure of business hours. Kailash Nath Khandelwal Non-Executive Director, Member; April 24, 1981. Audit Committee: Ashok Gupta: Non-Executive Independent Director, Chairperson; September 27, 2014.

Prakhar Pandey: Non-Executive Independent Director, member; August 12, 2023. Atul Bagla: Non-Executive Independent Director, member;September 27, 2014; with effect from September 30, 2023 after closure of business hours. Kailash Nath Khandelwal Non-Executive Director, Member; April 24, 1981.