Sumedha Fiscal Services Limited announced resignation of Mr. Prabhat Agarwala from the position of Independent Director of the Company with effect from April 25, 2019. The Company appreciates the valuable services rendered by him during his tenure as an Independent Director of the Company. The reason for his resignation is enclosed as Annexure A. Further, Board of Director of the Company will take note of resignation of Mr. Prabhat Agarwala, designated as Independent Director of the Company, in the ensuing Board Meeting. Mr. Prabhat Agarwala has been associated as an Independent Director, with effect from 16 May 2015. He has completed about 4 years of the 1st term for 5 years. Mr. Agarwala (64 Years) of late has become more of occupied with his own business and unable to provide adequate time to the Company and requested the Company to release him, accordingly. His resignation is effective from receipt 25 April 2019.