Promact Impex Limited at the Board of Directors meeting held on 17 July, 2023, Taken note of resignation of Ms. Nikita J. Patel from her role as Managing Director of the Company with effect from 17th July, 2023. Furthermore, she continues to serve as a Director on the Board of the Company in a non-executive role. Ms. Nikita J. Patel has been associated with the Company as a Director since 29th May, 2010 and had been Managing Director since 23rd September, 2017.

Ms. Nikita J. Patel has expressed her intention to step-down as Managing Director of the Company and continue as a Non- executive Director with effect from 17th July, 2023.