Vaksons Automobiles Limited announced that consequent to the resignation of Mr. Atul Kumar Jain, Mr. Satender Kumar Jain and Mrs. Vandana Jain as Directors of the Company and appointment of Mrs. Sneha Vispute as Managing Director & Mr. Abhijeet Sonawane as CFO and Whole time Director of the Company the comiitees of the Company is re-constituted. Pursuant to the above changes, the board of directors has reconstituted the following Committees, effective from the end of working hours on May 05, 2023 as under: Audit Committee: Mr. Vinit Picha, Chairperson, Non-Executive Independent Director. Mrs. Sneha Vispute, Member, Managing Director.

Mr. Subhashchandra Damodar Malwadkar, Member, Non-Executive Independent Director. Stakeholders Relationship Committee: Mr. Vinit Picha, Chairperson, Non-Executive Independent Director. Mir.

Abhijeet Sonawane, Member,Whole time Director. Mr. Subhashchandra Damodar Malwadkar, Member, Non-Executive Independent Director. Nomination and Remuneration Committee: Ms. Radhika Kharote, Chairperson, Non-Executive Independent Director.

Mr. Subhashchandra Damodar Malwadkar, Member, Non-Executive Independent Director. Mr. Vinit Picha, Member, Non-Executive Independent Director.