Asian Star Company Limited at its board meeting held on May 17, 2024, approved the retirement of following directors mentioned below upon cessation of their second term as Independent Director with effect from May 20, 2024: Apurva Rajendra Shah, Kundapur Mohanram Pai, Milind Hasmukh Gandhi and Miyar Ramanath Nayak; approved reconstitution of the Audit Committee, Stakeholders Relationship Committee, Nomination and Compensation Committee and Corporate Social Responsibility Committee of the Board: Consequent to retirement of 4 Independent director, the composition of the Committees with effect from May 21, 2024 shall be as under: Audit Committee: Chairman - Kunal Todarwal, Member- Kartikeya Girish Desai, Member - Arvind Tarachand Shah; Stakeholders Relationship Committee: Chairman - Jayantilal D. Parmar, Member - Kartikeya Girish Desai, Member - Arvind Tarachand Shah; Nomination and Remuneration Committee: Chairperson - Neha Gada, Member - Navtej Hazara Singh, Member - Kartikeya Girish Desai; Corporate Social Responsibility Committee: Chairman - Arvind Tarachand Shah, Member -Vipul P. Shah, Member - Neha Gada.