Danube Industries Limited at its Board of Directors meeting held on November 15, 2022, approved the appointment of Mr. Krishnan Ramaswamy and Ms. Shivani Kumari Joshi as "Additional Directors (Non-Executive Independent Director)" on the Board of the company for a term of 5 years starting
from November 15, 2022. The said appointment is subject To Approve the general body, in the usual course. The company approved the resignation of Ms. Jigna Mahesh Thakkar from the posts of Independent Director of the company with effect from November 16, 2022 citing family commitments as the reason for her resignation. The company also approved the resignation of Mr. Nimesh Rasikbhai Patel from the posts of Independent Director of the company with effect from November 16, 2022 citing other assignments as the reason for his resignation. Mr. Krishnan Ramaswamy is management graduate from United Kingdom having 15 years of vast experience in the field of foreign trade, product sourcing and consulting. He has worked in senior managerial roles in various companies and extensively travelled across the world for setting up their business across India, Middle East, and SAARC
countries. He has also participated in major exhibitions in CBIT Germany, Global Sources Hong Kong and Mumbai, Canton Fair China, Gitex Dubai etc. Ms. Shivani Kumari Joshi holds degree of B.Ed and M.A. with first class in year 2020 and 2022. She has two years of experience in field of teaching.