Martin Burn Limited announced that at its board meeting held on September 23, 2022, took on record the resignation of Mr. Tapas Kumar Roy from the position of Chief Financial Officer (CFO) of the company with effect from the close of business hours on 23rd September 2022 due to personal reasons. Subsequent to his resignation as CFO, he will also cease to be a Key Managerial Personnel (KMP) under the provisions of Section 203 of Companies Act, 2013. On the recommendation of the Nomination and Remuneration Committee and Audit Committee of the Company, the Board of Directors, at their meeting held today, 23rd September 2022, have approved the appointment of Mr. Ranjit Mahato as the Chief Financial Officer of the company, with effect from 24th September 2022.

Accordingly, as per the provisions of Section 203 of the Act, Mr. Ranjit Mahato shall also act as the Key Managerial Personnel of the company.