The Board of Directors of the TARC Limited at its meeting held on February 13, 2023 considered and approved Resignation letter dated February 13,2023 received fiom Ms. Sushmaa Chhabra an Independent Director resigning from the directorship of the Company with effect from the close of business hours on February 13,2023. Re-constitution of following Board Committees with effect fi'om February 14,2023 as Audit Committee: Mr. Ambarish Chatteriee as Chairman; Mr. Amar Sarin as Member; Ms. Bindu Acharya as Member; Mr. Jyoti Ghosh as Member. Stakeholders Committee; Mr. Ambarish Chatteriee as Chairman; Mr. Anil Sarin as Member, Ms. Bindu Acharya as Member.

Nomination & Remuneration Committee; Mr. Arnbarish Chatteriee as Chairman, Mr. Miyar Ramanath as Nayak Member, Mr. Anil Sarin as Member, Ms. Binclu Acharya as Member, Mr. J-v-oti Chosh as Mernber. corporate Social responsible Committee; Mr. Anil Sarin as Chairman, Ms. Ilinclu Aeliarya as Member, Mr. Ambarish Chatteriee as Member. management and Operations Committee; Mr. Amar Sarin as Chairman, Mr. Ambarish Chatteriee as Member,Mrs. Muskaan Sarin as Member.

Risk Management Committee; Mr. Amar Sarin as Chairman, Mr. Miyar Rarnanath Nayak as Member, Mr. Ambarish Chatterjee as Member, Ms. Bindu Acharya as Member.