The Board of Directors of the Vinati Organics Limited in its meeting held on 27th October, 2018 has considered and approved the following: Mr. Girish M Dave, Chairman of the Company and Independent Director now having attained the age of 80 years has resigned from the Board with effect from 27th October 2018 and the same was accepted. The Board decided to appoint Mr. Vinod Saraf as Executive Chairman of the Company with effect from 27th October 2018 for the period of 5 years subject to approval of members in the next Annual General Meeting of the Company. Mr. Vinod Saraf will resign as Managing Director of the Company with effect from 27th October 2018.

The Board decided to appoint Ms. Vinati Saraf Mutreja as Managing Director & Chief Executive Officer with effect from 27th October, 2018 for the period of 5 years subject to approval of members in the next Annual General Meeting of the Company. The Board decided to appoint Ms. Mona Bhide as an additional Director (Non-executive Independent) of the Company with effect from 27th October 2018 for the period of 5 years subject to approval of members in the next Annual General Meeting of the Company.