Black Rose Industries Limited announced resignation of Mrs. Garima Tibrawalla (DIN - 00203909) as Independent Director of the Company, with effect from close of business hours on September 2, 2023, citing family commitments. Consequently, she shall also cease to be a Member of the Nomination and Remuneration Committee of the Company. Mrs. Deepa Poncha (DIN - 01916512) is appointed as Additional Non-Executive Independent Director with effect from September 3, 2023 and will hold office till the ensuing annual general meeting.

Mrs. Shruti Jatia (DIN - 00227127) is appointed Additional Director (Executive Director) with effect from September 3, 2023 and will hold office till ensuing Annual General Meeting. Reconstitution of following Committees of Board of Directors of the Company: Nomination and Remuneration Committee - Mr. Sujay Sheth, Mr. Rishabh Saraf, Mr. Basant Kumar Goenka and Mr. Anup Jatia. Corporate Social Responsibility Committee - Anup Jatia, Rishabh Saraf, Ambarish Daga and Deepa Poncha.

Mrs. Deepa Poncha is a senior Human Resources professional with over 30 years of work experience across a breadth of functions within the field of Human Resources. She has worked in HR leadership positions across leading domestic and international companies in diverse sectors. She is currently serving as a Director on the Board of Centrum Financial Services Limited, Centrum Investment Advisors Limited and Ek Ka Josh Foundation.

Mrs. Shruti Jatia has a career spanning over 3 decades during which she has built a strong track record in managing finance, accounts and business operations of Companies engaged in manufacturing, trading and investments. She is currently serving as an Independent Director on the Board of Control Print Limited and Hercules Hoists Limited, and as a Director on the Board of several non listed entities.