Sterling and Wilson Renewable Energy Limited at the SBM held on April 20, 2023, the board recommended the appointment of Mr. Umesh Khanna as a Non-Executive Director on the Board of the Company at the upcoming 6th annual general meeting ("AGM"), as proposed by Shapoorji Pallonji and Company Private Limited, Promoter shareholder, to fill the vacancy to be caused due to the retirement of Mr. Pallon Mistry as a Director at the upcoming AGM of the Company. Mr. Pallon Mistry has expressed a desire not to be re-appointed as a Director at the upcoming AGM of the Company as he is not in a position to devote the required time needed as a Director in the Company due to his increased responsibilities within the Shapoorji Pallonji Group.