UTL Industries Limited informed that Mr. Pravin Naik has tendered his resignation as Managing Director of the Company as he is pre-occupied with his other responsibilities. However, he will continue as a Board member as a non-executive Director of the company. The Board accordingly considered and accepted the same .

Mr. Pravin Naik will be relieved from services of the Company as Managing Director from the close of working hours of 30th June, 2023.