Shree Nidhi Trading Co. Limited announced that, based on the recommendation of the Nomination and Remuneration Committee, Ms. Babita Shah has been appointed as an additional director (Non-executive Independent Director) of the Company with immediate effect. Ms. Babita Shah has been inducted as a member of the following Committees of the Board: (i) Nomination and Remuneration Committee; and (ii) Audit Committee. Ms. Babita Shah has experience in professional excellence. Her knowledge and experience is expected to benefit the Company and would further add to the Board Diversity, which is expected to positively affect the performance of the Company.