Nakoda Group of Industries Limited at its board meeting held on September 11, 2020 announced that Mr. Sandeep Jain having has appointed as an Non - Executive Director as intimated earlier on January 6, 2020, He has requested the board to designate Mr. Ajay Lodha as the Chairman of Audit Committee as due to his busy Schedule Mr. Sandeep Jain is not in position to hold the post of Chairman of Audit Committee But He shall agreed to continue as the Member of Audit Committee. The Board has discussed the matter and approved the same.