Svaraj Trading and Agencies Limited at its board meeting held on August 9, 2022 appointed Mr.Jitendra Kavdia (DIN: 09597535) as an Additional Director in Independent capacity (Independent Director) of the Company. His appointment shall take effect from August 09, 2022. The Independent Director, considering His long tenure on the Company's Board and due to other personal commitments, has now, has voluntarily relinquished his position as Board members with effect from August 13, 2022.

There are no other material reasons.