Shree Pacetronix Limited announced at the board meeting held on May 5, 2022 that the company approved Mahesh Purohit, Rajesh Kumar Bhale and Varun Rawat has resigned from the position of Independent Director of the company with effect from close of working hours of 05th May, 2022. The Board of Directors have approved the reconstitution of certain committees of the Board of Directors with effect from 06th May, 2022 as Ms. Manali Tongia as member of Audit Committee, Nomination and Remuneration Committee and Stakeholders' Relationship Committee, Sushil Kumar Patni as Chairman of Stakeholders' Relationship Committee and Atul Kumar Sethi as member of Stakeholders' Relationship Committee.