IO System Limited announced that Mr. Rakesh Kumar Bhatnagar has resigned from the position of Chief Financial Officer of the Company with effect from close of the Business hours on June 17, 2022, and the same will be taken on record by the board of Directors in the Meeting will be held on 20th day of June, 2022. The Company is in process of identifying or hiring new person for the vacant position. The Company Shall Inform the Stock exchanges once the position of CFO is filled up.