The board of directors of Corporate Merchant Bankers Limited in its meeting held on July 15, 2024 approved the resignation of Ms. Sukanya Pittala as a Non-Executive Independent Director of the Company with effect from July 15, 2024. The company also approved Resignation of Ms. Sunitha Thumu as Non-Executive Independent Director of the Company with effect from July 15, 2024. Ms. Sukanya Pittala, has resigned from the post of Non Executive Independent Director of the Company due to personal and unavoidable circumstances.

Ms. Sunitha Thumu, has resigned from the post of Non-Executive Independent Director of the Company due to pre occupation in other assignments.