Suumaya Industries Limited at its board meeting held on June 17, 2024 approved Appointment of Mr. Amit Satwara as an Additional Executive Director on the Board of the Company with effect from June 18, 2024. Terms of appointment: Liable to retire by Rotation. Academic Qualification: Bachelor of Commerce 2017, Diploma in Tax management 2016, Diploma in Finance Planning 2019.

Professional Qualification: Amit Satwara is a dynamic director with a stellar record across three diverse companies. As founder director of Ankmit Innovations Pvt Ltd. - Core business Infrastructure Business, he spearheads innovative infrastructure development projects and business consulting, driving growth and client satisfaction. At Azulik Creative Pvt Ltd, his leadership shapes strategic initiatives in Content Curation & final editing business for blockbuster movies & web series For OTT Platforms like Zee 5, Netflix & Disney Hotstar.

Additionally, as Director at Music Products & Accessories Pvt Ltd, he channels his passion in music industry by having Monopoly business of LP/Gramophone Cd's in India. With a robust blend of vision, expertise, and operational acumen, Amit Satwara continues to carve new paths of success in each industry he touches. Appointment of Mr. Sumit Padhiyar as an Additional Non-Executive Non- Independent Director on the Board of the Company with effect from June 18, 2024.

Terms of appointment: Liable to retire by Rotation. Academic Qualification: Diploma in IT Engineering; Bachelor of Commerce (Banking and Insurance) Professional Qualification: He has 6 years of experience in the field of Finance. Currently working in Rio Digital Lenses and Frames Private Limited as Chief Financial Officer.

Also manages import and export activities of the Company. Resignation of Mr. Ushik Mahesh Gala from the position of Chairman of the Company with effect from June 30, 2024 due to personal difficulties. Reason for change: Mr. Ushik Gala has tendered his resignation as a Chairman and Managing Director of the Company due to personal difficulties as he won't be able to devote enough time and attention on the current role.

Date of cessation Resigned with effect from June 30, 2024. Resignation of Mr. Sejal Pravinchandra Doshi from the position of Non-Executive Director of the Company with immediate effect due to current health reason. Resignation of Mr. Ishtiaq Ali from the position of Independent Director of the Company with immediate effect due to professional commitments.

Resignation of Ms. Meghal Mehta from the position of Company Secretary & Compliance officer (Key Managerial Personnel) of the Company with effect from closing of business hours of June 30, 2024 for pursuing further growth opportunities.