Godawari Power & Ispat Limited announced the appointment of Mrs. Neha Sunil Huddar as Non-Executive Independent Women Director of the Company for a term of 5 (five) consecutive years with effect from 9th August, 2024. Mrs. Neha Sunil Huddar is qualified to be appointed as Non- Executive Independent Women Director in terms of Seetion 164 of the Companies Act, 2013 (`the Act") and has given her consent to act as Non- Executive Independent Women Director. The Company has also received declaration from Mrs. Neha Sunil Huddar confirming that she meets the criteria of independence as prescribed both under Section 149 (6) of the Act and under the Securities and Exchange Board of India uisting Obligations and Disclosure Requirements) Regulations, 2015 and that she is not debarred from holding the office of director by virtue of any order from Securities and Exchange Board of India or any such authority.

Mrs. Neha Sunil Huddar is independent of the management and possesses appropriate skills, experience, knowledge and capabilities required for the role of Independent Women Director. The Board was satisfied that the appointment of hfrs. Neha Sunil Huddar is justified as she has over 40 years of experience in finance & accounts and HR and Compliances management.

In view of this, appointment of Mrs. Neha Sunil Huddar as Non- Executive Independent Women Director is in the interest of the Company. Also appointment of Mr. Hukam Chand Daga, as Non-Executive Independent Director of the Company. The Board of Directors at its meeting held on 21st May, 2024 considered and recommended to the shareholders the appointment of Mr. Hukam Chand Daga as Non-Executive Independent Director of the Company for a term of 5 (five) consecutive years with effect from 9th August, 2024.

M. Hukam Chand Daga would attain the age of 75 (seventy-five) years on 29th November, 2025 during his proposed tenure. Considering his background and enriched experience, Nomination and Remuneration Committee also recommended the continuation of M. Hukam Chand Daga as an Independent Director, on attaining the age of 75 years. M. Hukam Chand Daga is independent of the management and possesses appropriate skills, experience, knowledge and capabilities required for the role of Independent Director.

Presently, he is serving on the Board of H G I Industries Limited as CEO of the Company. The Board was satisfied that the appointment of Mr. Hukam Chand Daga is justified as he is having more than 4 decades of professional experience in various Industrial Operations - Mining, Power, Textile, Coal, Financial Management etc. In view of these, appointment of Mr. Hukam Chand Daga as Non-Executive Independent Director is in the interest of the Company.