Integrated Financial Services Limited at the Board of Directors Meeting of the Company, held on September 30, 2020, took note of the vacation of office of Independent Directors of the Company by Mr. Suraj Prakash Oberoi, Mr. Sunil Sobti and Mrs. Rachna Batra pursuantto Section 149(11) of the Companies Act, 2013 and placed on record their deep appreciation for the services rendered by these professionals as Independent Directors of the Company for two consecutive terms of five years. The Board also welcomed the new Independent Directors of the Company namely, Mr. Paramjeet Singh, Mr. Yash Jeet Basrar and Mrs. Shilpy Chopra, who are appointed by the members in the Annual General Meeting held on October 1, 2020.