Kalyan Capitals Limited announced that the Board of Directors of the Company at their meeting held on August 7, 2023, discussed and approved the foilowing business: resignation of Mr. Jagdish Prasad Menaas Non-Independent Director and is appointment as an Additional Director designated as an independent Director. He stepped down as a Non- Independent Director of the Company from close of business hours of August 7, 2023. Further appointed him as an Additional Director designated as an Independent Director with effect from August 8, 2023.

The term of his appointment as an independent director will be for a period of 5 (five) consecutive years, subject to the approval of shareholders. Brief profile of Mr. Jagdish Prasad Meena: Mr. Jagdish Prasad Meena, having more than 35 years' experience of Policy Planning and Project Execution in various fields and particularly in Agriculture and Food Processing. He had Master Degree in Sociology from Rajasthan University, Jaipur and in Rural Social Development from University of Reading, UK.

He joined Indian Administration Service in 1983 and has served in various capacities in the Assam State starting from Sub-Division Magistrate, District Magistrate, Principal Secretary of Autonomous District Council, Secretary, Industries & Commerce, Agricultural Production Commissioner and Principal Secretary Agriculture and Department of Welfare of Plains Tribes and Backward Classes.