Swiss Military Consumer Goods Limited announced that the Board of Directors of the Company at its meeting held on October 23, 2021 have approved the appointment of Mr. Surendra Kwnar Bhagat (DIN: 09365562) as an Additional Director (Non-executive Independent) of the Company effective October 23, 2021 to hold office up to the date of next Annual General Meeting of the Company. The meeting approved the appointment of Mr. Rajesh Tuteja (DIN: 08952755) as an Additional Director (Non-executive Independent) of the Company effective October 23, 2021 to hold office up to the date of next Annual General Meeting of the Company. The meeting approved the resignation o fMrs. Neena Sethi (Din: 06936951), the independent director of the Company who have resigned from the Board, for reasons as mentioned in the resignation letter. Mrs. Neena Sethi has confirmed that there are no material reasons for her resignation other than those mentioned in the resignation letter.