Vaksons Automobiles Limited consequent to the resignation of Mr. Mahesh Pandey, Non-Executive, Independent Director, of the Company, has ceased to be the Chairmanship in the Stakeholders Relationship Committee and Membership in Audit Committee and Nomination and Remuneration Committee. Further, in view of the proposed appointment of Mr. Ashok Kumar as Non-Executive, Independent Director of the Company, considered at the meeting of board of directors held on June 30, 2022, has relinquished her Chairmanship in the Stakeholders Relationship Committee and Membership in Audit Committee and Nomination and Remuneration Committee. The board of directors has reconstituted the following committees, effective from conclusion of the meeting of board of directors held on June 30, 2022 as under: Audit Committee: Sumeet Alakh, Non-Executive - Independent Director, Chairman; Ashok Kumar, Non-Executive - Independent Director, Member; Atul Kumar Jain, Executive Director, Member.

Nomination and Remuneration Committee: Sumeet Alakh, Non-Executive - Independent Director, Chairman; Ashok Kumar, Non-Executive - Independent Director, Member; Atul Kumar Jain, Executive Director, Member. Stakeholders Relationship Committee: Ashok Kumar, Non-Executive - Independent Director, Chairman; Sumeet Alakh, Non-Executive - Independent Director, Member; Atul Kumar Jain, Executive Director, Member.