Apoorva Leasing Finance and Investment Company Limited announced that at its board meeting held on May 30, 2023, approved the Reconstitution of Audit Committee, Nomination & Remuneration Committee, Stakeholder Relationship Committee & Independent Directors Committee with effect from June 01, 2023 due to resignation of Mr. Suresh and Mrs. Neha Nimja, Independent Directors of the Company: Reconstitution of the Audit committee by inducting Mr. Sanjay Kumar, independent Director as new chairperson of the committee in place of Mrs. Neha Nimja and by inducting Mr. Vasu Gambhir, independent Director as the new member of the committee in place of Mr. Suresh, post reconstitution, the composition of the Audit Committee shall be as under. Composition of audit committee: Mr. Sanjay Kumar, Non-Executive & Independent Director, as Chairperson. Mr. Atul Singh Tyagi, Managing Director, as Member.

Mr. Vasu Gambhir, Non-Executive & Independent Director, as Member. Reconstitution of the Nomination & Remuneration Committee by inducting Mr. Sanjay Kumar, independent Director as new chairperson of the committee in place of Mrs. Neha Nimja and by inducting Mr. Vasu Gambhir, independent Director as the new member of the committee in place of Mr. Suresh, post reconstitution, the composition of the Nomination & Remuneration Committee shall be as under. Composition of nomination and remuneration committee; Mr. Sanjay Kumar, Non-Executive & Independent Director, as Chairperson.

Mr. Atul Singh Tyagi, Managing Director, as Member. Mr. Vasu Gambhir, Non-Executive & Independent Director, as Member. Mr. Akhil Kumar Upadhyay, Non-Executive & Independent Director, as Member.

Reconstitution of the Stakeholder Relationship Committee by inducting Mr. Sanjay Kumar, independent Director as new member of the committee in place of Mrs. Neha Nimja and by inducting Mr. Vasu Gambhir, independent Director as the new chairperson of the committee in place of Mr. Suresh, post reconstitution, the composition of the Stakeholder Relationship Committee shall be as under: composition of stakeholder relationship committee: Mr. Vasu Gambhir Non-Executive & Independent Director, as Chairperson. Mr. Atul Singh Tyagi, Managing Director, as Member. Mr. Sanjay Kumar, Non-Executive & Independent Director, as Member.