Oricon Enterprises Limited informed about the following changes in composition of the Board: Mr. Krishnagopal Badriprasad Gupta- The Second and Final Term of 5 years of Mr. Krishnagopal Badriprasad Gupta as an Independent Director of the Company, has come to an end on June 30, 2024. Hence, he ceases to be Independent Director of the Company with effect from July 1, 2024. Consequently, he ceases to be the Chairman and Member of the Audit Committee, Member of Nomination and Remuneration Committee and Stakeholder Relationship Committee of the Company with effect from July 1, 2024.

Mr. Vijaykumar Bhatia- The Second and Final Term of 5 years of Mr. Vijaykumar Bhatia as an Independent Director of the Company, has come to an end on June 30, 2024. Hence, he ceases to be Independent Director of the Company with effect from July 01, 2024. Consequently, he also ceases to be the Chairman and Member of Nomination and Remuneration Committee, Stakeholder Relationship Committee and Member of Audit Committee, Corporate Social Responsibility Committee of the Company with effect from July 1, 2024.

Mr. Susheel G. Somani- vide his letter dated June 30, 2024 has tendered his resignation from directorship with effect from July 1,2024 hence, he ceases to be Director of the Company with effect from July 1, 2024. Consequently, he also ceases to be Chairman of the Board and Member of Audit Committee and Executive Committee of the Company with effect from July 1, 2024. He retired due to age and health issues.

Mrs. Sujata Parekh Kumar- vide her letter dated June 30, 2024 has tendered her resignation from directorship of the Company with effect from July 1, 2024 hence, she ceases to be Director of the Company with effect from July 1, 2024. She retired due to preoccupation.