Quasar India Limited informed that Ms. Hetal Pathak, has resigned from the position of the Non- Executive Independent Director of the Company with effect from 1st January, 2024. Further, the Company has received confirmation from Ms. Hetal Pathak that there are no other material reasons for her resignation other than those which are provided in the resignation letter. Reason: Due to pre-occupation elsewhere.

Names of listed entities in which the resigning director holds directorships, indicating the category of directorship: Ms. Hetal Pathak hold directorship in the following Companies: 1. Pervasive Commodities Limited­ Director 2. Arihant Castor Exports Limited - Director. Names of listed entities in which the resigning director holds membership of board committees, if any: Ms. Hetal Pathak hold membership of board committees: 1. Pervasive Commodities Limited: (i) Chairperson of Audit Committee (i) Member of Nomination & Remuneration Committee and Stakeholders Relationship Committee.