Universal Starch-Chem Allied Limited announced that Mr. Ashok Shah vide the letter dated May 02, 2024 has tendered his resignation as Non Executive Independent Director of the Company with effect from May 02, 2024 along with his membership in
various Committees, where he is a member. The resignation letter with the reason as indicated is enclosed. Mr. Ashok Shah have confirmed that there are no other material reasons for his resignation other than those mentioned in his resignation letter.