Shradha AI Technologies Limited at its board meeting held on January 24, 2024, approved the re-constitution of the Audit Committee as: Ms. Anjana Tolani - Chairman (Non-Executive,Independent Director); Mr. Kalpesh Bafna - Member ((Non-Executive, Independent Director) and Mr. Vineet Ladhania - Member ((Non-Executive, Independent Director); re-constitution of the Nomination and Remuneration Committee of the Board as Mr. Ajay Gandhi - Chairman (Non-Executive, Independent Director), Mr. Kalpesh Bafna Member ((Non-Executive, Independent Director) and Mr. Vineet Ladhania Member ((Non-Executive, Independent Director); re-constitution of the Stakeholders' Relationship Committee of the Board as: Mr. Ajay Gandhi Chairman (Non-Executive, Independent Director), Mr. Kalpesh Bafna Member ((Non-Executive, Independent Director) and Mr. Vineet Ladhania Member ((Non- Executive, Independent Director). . The Board of Directors, amongst others, has discussed and approved the formation of Management Committee of the Company.

The composition of Management Committee are as: Mr. Sunil Raisoni Chairman (Managing Director, Executive Director), Mrs. Archana Bhole Member ((Non-Executive, Non Independent Director) and Mr. Pritam Raisoni Member ((Chief Financial Officer).