Amal Ltd. announced that Mr. Sujal Shah and Mr. Abhay Jadeja will complete their second term of five years as an Independent Director of the Company on March 31, 2024. Accordingly, they will cease to be Directors of the Company effective March 31, 2024. Consequently, Mr. Sujal Shah will cease to be a Member of the Audit Committee and the Chairman of the Nomination and Remuneration Committee of the Board.

Mr. Abhay Jadeja will cease to be a Member of the Audit Committee and the Chairman of both Stakeholders' Relationship Committee and Corporate Social Responsibility Committee of the Board.