Indsoya Limited informed that, based on the recommendation of the Nomination and Remuneration Committee and Pursuant to completion of open offer and takeover of the Company and change in promoters and management in the Company, the Board of Directors at its meeting held 12 October, 2022, have approved appointment below Directors/KMP with effect from 12 October, 2022: Lovely Ghanshyam Mutreja: Additional Director/Managing Director/Executive Director; Lalita Ghanshyam Mutreja: Additional Director /Non Executive Non Independent Director; Kirit Ghanshyam Mutreja: Additional Director /Non Executive Non Independent Director; Rajvirendra Singh Rajpurohit: Additional Director /Independent Director; Suvarna Ramchandra Shinde: Additional Director /Independent Director. The Board also accepts resignations of below Directors and KMPs: Sarita Mansingka: Managing Director/Executive Director; Prahlad Kumar Maheshwari: Independent _Director/Non-Executive Director; Shivkumar Vaishy: Company Secretary. Reason: Pursuant to completion of open.

offer and takeover of the Company and change in promoters and management in the Company. Brief profile: Lovely Ghanshyam: She holds degree of Master of Business Administration (MBA)in Foreign Trade from Devi Ahilya Vishwavidyalaya, Indore. She is having experience of over 15 years in the field of Pharmaceutical Company.

Lalita Ghanshyam: She holds degree of Doctor of Philosophy (Ph.D.) in commerce from University of Mumbai. is having experience of over 9 years in the field of financial marketing. Kirit Ghanshyam: He holds degree of Masters of Managemen t Studies from University of Mumbai.

He is having experience of over 6 yearsin the field of Marketing. Rajvirendra Singh Rajpurohit: He is an Associate Member of the Institute of Company Secretaries of India. He is having more than decade experience in the filed of Company Law and other allied corporate laws.

Suvarna Ramchandra Shinde: She isa practicing advocate from the last 10 years and is a member of the Bar Council of India, a Law graduate from Pune University. Her expertise includes Civil and Criminal litigations.