The Board of Directors of Simmonds Marshall Limited at their Meeting held on August 2, 2023 inter-alia, considered following matters: Accepted resignation of Mr. S. J. Marshall, the Executive Chairman of the Company from the office of Chairman cum Whole Time Director of the Company due to personal reasons. The Board of Directors accepted his resignation with effect from Closing of working hours of August 2, 2023 and placed on record the efforts made by Mr. S. J. Marshall in the Company's growth during his tenure as Chairman cum Whole Time Director of the Company.