Sybly Industries Limited at the meeting of the Board of Directors of the Company held 07th December, 2021 approved resignation of Mr. Nishant Mirtal (DIN: 02766556) as Managing Director of the Company with effect from close of Business hours of December 7, 2021. Change in Designation of Mr. Mahesh Chand Miual (DIN: 00284866) from Non-Executive Director to Managing Director of the Company with effect from 8th December, 2021 subject to approval of Shareholders in forthcoming General Meeting of the Company. Appointment of Mr. Ramesh Chandra Sharma (DIN: 00284981) as Additional Director in the Category of Non-Executive Director of Company with effect from December 7, 2021 subject to approval of Shareholders in forthcoming General Meeting of the Company.